Binance, the largest crypto exchange, announced the integration of token unlock schedules affecting the display of token market capitalizations.
Implementation of Binance's New Methods
The Binance cryptocurrency exchange announced a new methodology for displaying token information, taking token unlock data into account. This change, which takes effect on February 14, 2025, enhances transparency by demonstrating aggregated token capitalization and net liquidity.
Market Implications
Binance representatives emphasize that the new methodology provides a more comprehensive view by including unlocked tokens in the calculation of market capitalization. If unlock data is unavailable, such information will not be reflected in the Market Cap and circulating supply indicators.
Upcoming Token Unlocks
Next week, holders of Fasttoken (FTN), QuantixAI (QAI), ApeChain (APE) should be cautious: $113 million equivalent will enter the market according to Tokenomist data. MELANIA, a political meme coin, will face the largest unlock of the week with 40.6% supply entering the market.
The changes implemented by Binance aim to increase the level of transparency and user awareness of current token status on the platform, allowing for more informed investment decisions.