THE TRUTH ABOUT MCAP X2 X3 ON BINANCE?
On February 14, 2025 (3 days ago), Binance made a very clear announcement about changing the way to calculate and display Mcap, as well as the way to calculate the circulating supply of projects on @Binance
*Here, Binance updated 2 things, one is the way to calculate market cap and the other is the circulating supply of projects
- Previously, Binance displayed the circulating supply including tokens with liquidity in transactions, meaning that there were tokens that were unlocked but not being traded, so they were not counted. And Market Cap was calculated by multiplying the price by this amount of tokens.
=> In fact, the old calculation method will be less than the circulating supply according to tokenomics, for example, the $WLD project according to tokenomics has a circulating supply of about 29% plus token inflation, which is about 300 million tokens. Multiply by price 1.2 then cap 3.3B$ is correct, but Binance and CGK both updated wrongly before so now update it correctly. This is normal, there is nothing natural x2 x3 Mcap guys? Other projects are similar
- Currently the new calculation method will calculate all unlocked tokens - of course it will exclude tokens that are no longer accessible (like burned,...)
*Conclusion
- Actually, Binance's calculation method has always been done like this in my research articles, so I think the update is correct, nothing strange, should have done it a long time ago
- Read carefully before panicking guys, the information is very basic
