Buy Биткоин BTC
Bitcoin (BTC)
Buy Эфир ETH
Ethereum (ETH)
Buy BNB
BNB (BNB)
Buy Ripple XRP
Ripple (XRP)
Buy Tron TRX
Tron (TRX)
Buy Polygon Matik
Polygon (POL)
Buy Solana SOL
Solana (SOL)
Buy Dogecoin DOGE
Dogecoin (DOGE)
Buy Avalanche AVAX
Avalanche (AVAX)
Buy Cardano ADA
Cardano (ADA)
Buy Polkadot DOT
Polkadot (DOT)
Buy Syscoin SYS
Syscoin (SYS)

Binance launches small and mid-cap initiative

Market and Events: Binance launches small and mid-cap initiative

Cryptocurrency trading platform Binance aims to address the prevalence of tokens with low market capitalization compared to their fully diluted value (FDV). To address this issue, Binance is launching a new initiative to support new projects.

Binance officials highlighted the release of a recent publication titled "Low Float & High FDV: How Did We Get There?" that sheds light on the negative impact of new limited float and high FDV tokens on the industry.

In an effort to create a "strong and durable marketplace ecosystem," the Binance team decided to support small and medium-sized startups. These projects include tokens with sufficient supply for users and modest #capitalization compared to peers.

The platform will make it easier for these projects to register on Launchpool and Megadrop platforms and provide them with additional growth prospects. However, developers wishing to participate in the program must demonstrate the sustainability of their business model and a strong community, Binance said in a statement.

The exchange outlined specific criteria for participation, including:

  • Modest to moderate project valuation.
  • Significant token distribution to users.
  • Controlled token distribution during token generation events (TGE).
  • Strong product-market fit (PMF) and compliance with other conditions.

If a project meets the selection criteria, developers can express their interest in joining the new initiative by filling out a special form and sending it to Binance representatives.

Share this news and win 10 USDT with daily contest on CryptoFingers Telegram.
Make crypto bots for trading
Press Releases: MEXC Unveils Futures Earn to Enable Passive Income from Futures Trading
MEXC, a leading global cryptocurrency exchange, has officially launched its new Futures Earn product, offering annualized returns of up to 15%.
Press Releases: NorthDirect.com Review: How It Balances Platform, Support, and Learning
Investing in 2025 feels different, faster and more demanding. Investors want more than just access to the market. They want clarity, variety, and tools that actually fit the way they trade..
Press Releases: MEXC Copy Trade Showdown Concludes with $6.6 Billion in Trading Volume
MEXC, a leading global cryptocurrency exchange, announced the conclusion of its Copy Trade Showdown, which generated over $6.6 billion in trading volume, demonstrating strong user trust and..
Press Releases: BingX Elevates VIP Exclusivity With Zero-Fee Benefits, Concierge Services, and Premium Perks
BingX, a leading cryptocurrency exchange and Web3 AI company, today announced a comprehensive upgrade to its VIP program, unveiling a host of new benefits and services designed to enhance..
⁝⁝⁝

Trending news

  • Artificial Intelligence (AI)
  • Altcoins
  • Bitcoin
  • DeFi
  • Ethereum
  • show more