๐Ÿš€๐Ÿ“‰ High-value tokens with low initial circulating supply are causing a stir in the market. Binance Research confirms the trend, with tokens launching at sky-high valuations.

๐Ÿ’ฐ The report predicts around $155 billion worth of tokens will be unlocked from 2024 to 2030. This could put selling pressure on the market, potentially impacting prices.

๐Ÿ”’ The gap between market caps and fully diluted valuations (FDVs) is growing, especially for tokens with low circulating supplies. To maintain current prices, an estimated $80 billion in new demand would be needed.

๐Ÿ“‰ Over 80% of new cryptocurrencies listed on Binance have seen a decline in value. Most are backed by top-tier VC firms and launch at inflated valuations, often without an established user base or community support.

๐Ÿ‘ฅ Binance is stepping up to address this trend, aiming to foster a healthy market environment. They're encouraging small to medium projects and high-quality teams to apply for their listing programs.

What do you think about this trend? Share your thoughts below! ๐Ÿ‘‡ #DeFi #Binance #CryptoNews