Recent discussions in the cryptocurrency community have focused on the challenges posed by low float, high fully diluted valuation (FDV) tokens. Concerns include the capture of value in private markets before public launch, leading to overvaluation. Binance has responded by promising to prioritize smaller projects and community rewards over high-FDV listings.
If Binance is committed to this, then we should see more projects at the application layer getting listed in the coming months and that will broaden the market rally to a wider group of tokens. There are lots of good projects that have been starved of funding at the application…
and with that — low float, high FDV tokens are once again okay and will rampant in the industry until the next doomsday
UPDATE: @binance shifts focus to small and medium-sized tokens, prioritizing community allocations and sustainable market practices amid overvaluation issues. More details…↓ #Binance (By: @ComposableD) https://t.co/iY64zLOTYe
#Binance is sparking altseason! They are set to list low-to-mid cap coins, providing retail investors with genuine opportunities for 10x-100x gains. Keep an eye out for projects supported by Binance Labs and their latest or upcoming partnerships. https://t.co/y0aJehFvrE
The year is 2027. low float high FDV coins are $10T in combined market cap.
There's a lot of convo's about the high FDV, low float token launches and general performance of liquid assets lately. I think @hosseeb's thread puts awesome data behind it. Historically, when BTC go up; altcoins follow - IMO we are not seeing that in this market (1/2)
All the low float/FDV thought pieces just totally miss the point of why…look at the ICO wave & the IEO wave & DeFi summer, etc… It works cuz it pulls fast for new degens looking to make a fast killing https://t.co/KOINp2VMWl
teams who are planning to launch their token in the next month are now reconsidering their float/FDV strategy crazy how fast the meta in crypto shifts
Everyone knows new coin good old coin bad, but unfortunately everyone just realized that new coins tend to be high FDV low float coins which are (typically) bad. If only there were a new coin that was fully emmitted to the community. Is there anyone friendly enough to build this?
FRIEND: Cobie's Anti-VC Coin? Given the attention now given to low-float, high-FDV coins thanks to Cobie's latest substack, I thought I'd take a look at $FRIEND / @friendtech to see how the community is treating it. TLDR on Cobie's article: 🔹Modern launches are low-float,… https://t.co/kvPdSXqw8z
Low Float, High FDV is a MYTH The current consensus on CT is low float, high FDV tokens are bad. Thus, high float on TGE must be good. I disagree. I can use tokenomics mind tricks to have a low float, high FDV token appear as high float and none of the CT big brains will… https://t.co/dNbusgjzzU
🚨 NEWS: @binance issues a call for project applicants, aiming to foster a healthier market environment by engaging small to medium projects with strong fundamentals and community support through various listing programs. https://t.co/x4m1MFRlH0
To create a healthy industry with a diverse market, @binance has invited small and medium-sized projects to apply for its listing programs 🦾 Read more ⬇️ https://t.co/H8yFnfByIa
Binance saying they're going to try to "reshape the recent LF/HF trend". certainly one of the few entities that could/have influence/d this dynamic. Hopefully there's some bite behind this bark. Some of the early launchpads were the greatest retail wealth creation events.… https://t.co/qr6rF297Ap https://t.co/yzMWl4b0WR
Low float high fdv tokens are the topic of conversation right now & they're a major reason why my port has had so few gaming tokens & so many nfts NFTs w/ low mc's that drop tokens from teams who reward community >>> Low float high fdv down only forever tokens https://t.co/ACCFIPrdAG
1/3 Low-float & high FDV discussions are yielding results: Binance looks for tokens with modest valuations, prioritizing community rewards like airdrops over insider allocations. They're hopefully pivoting after recent listings turned into dump-fests. https://t.co/rxemVKCx0d
🚨BINANCE PROMISES TO LIST MORE LOW-CAP TOKENS AFTER MULTIPLE FAILED HIGH-FDV LISTINGS🚨 “Launching tokens at high fully diluted valuation and low circulating supply can result in dilutions from future unlocks which can place selling pressure on tokens” - Recent reports show… https://t.co/5c0XQg5jQi https://t.co/pWM2EaP190
🚨BREAKING: @BINANCE PROMISES TO LIST MORE LOW-MARKET CAP PROJECTS AMID OUTRAGE AT FAILED HIGH-FDV PROJECTS
In response to the problems caused by high FDV and low circulation tokens, Binance issued an announcement stating that it will give priority support to small and medium cryptocurrency projects, including Direct Listing, Launchpools, Megadrops, etc., requiring projects to reserve…
New coins used to be the shiny thing in crypto, but the meta has changed recently with all these VC-backed high FDV low float coins going live. The new meta is shifting to favor old coins. OG projects with a working product, a dedicated team, and no more token unlocks will soon… https://t.co/wpxLEtW5PV
The Daily Modern Market Snapshot: Mon 20 May Headlines 👉Cobie publishes article on low float, high FDV tokens: more value is captured on private markets Summary from @TyrogueD: "did a summary of Cobie’s new article if anyone wants to read: - FDV meta has shifted since it… https://t.co/2o5sBFRs6d
the minute you buy a 'high fdv low float' token https://t.co/bLwcJCMrYW
Binance Research published an article discussing Low Float & High FDV tokens, said that US$155B worth of tokens will be unlocked from 2024 to 2030, factors such as an influx of private market capital, aggressive valuations, and upbeat market sentiment have contributed to the…
Probably the best read on this hot topic lately. "The issues people have with “low-float” or “high FDV” is in fact actually because the price discovery has taken place in a private market that is either rigged, delusional or both" https://t.co/fCM4xfIJ5K
"Shiny new coins are the best to long as they have no unlocks for the next few months!" Great read by @cobie on the evolution of token launches and the dynamics of "low float, high FDV" tokens https://t.co/cUMMjTrz9z https://t.co/wcusGXZmvK
A must-read by @cobie for folks buying into this batch of token launches and what’s going on in pre-launch private rounds. “… it seems to me that the majority of new launches are now effectively uninvestable at market – and market participants’ understanding of the issues is… https://t.co/k9JRNLGo94
Everyone is overthinking the low float, high FDV token regime. The problem is simple — most venture backed tokens are grossly overvalued by the time they go public. The solution is simple as well — don’t buy overvalued nonsense and stop being a new coin simp.
did a summary of Cobie’s new article if anyone wants to read: - FDV meta has shifted since it began, returns for public have diminished over time comparing ETH / SOL / STRK public returns on buying at lowest possible price available - Most upside is now for the private markets,…
the only good high fdv low float coins are the ones I personally seeded. the rest are skems.
You can compare this cycles "low float high FDV" token launches to the "mega IPOs" of 2020-2021 (COIN, SNOW, ABNB, etc.). Most of the early returns were captured in private funding rounds for those companies. Point is, it's not anything new, but many cryptocurrency enthusiasts…
My biggest takeaway from the latest @cobie article: "The entirety of the asset’s “price discovery” has occurred off-market, being captured privately before the token even exists". Okay, let's dive deeper into this argument: I am just making an example of how this works with a…
Maybe low float high FDV coins should switch to price based unlocks vs time based unlocks. Very crude instrument but if people know VCs can’t start dumping till 1b FDV instead of 3 months from TGE there is a bit more alignment. Not ideal but seems slightly better.