Let's talk about the current strategies for low market cap contracts on Binance.
A few days ago, I mentioned $MYX as the contract with the smallest market cap on Binance, and perhaps some smart investors saw my tweet and bought $MYX. As a result, some clever friends pointed out, wait a minute, teacher, the market cap of the contract token $BDXN is even smaller than $MYX, only 5 million, why isn't there any smart money coming in to trade it?
Congratulations on discovering the blind spot; in fact, this circulating market cap is also a strategy for low market cap contract tokens. It shows a circulating market cap of 5 million, but the actual real circulating market cap is 362.93×0.03303=12 million. Why is the actual real circulating market cap double the displayed circulating data? Because this additional circulating amount is locked away in a moral lock-up, and as we all know, project teams in the crypto circle lack morals, especially small project teams like this. Therefore, smart investors also assume that $BDXN has a market cap of 12 million.