The post Binance Addresses Circulating Supply Concerns: Integration of CoinMarketCap’s New Metrics for Improved User Support appeared on BitcoinEthereumNews.com.

On December 23rd, COINOTAG News reported that Binance has acknowledged user feedback concerning the **circulating supply** data showcased on both its app and official website. In a proactive step, Binance is committed to refining this data presentation to enhance user experience and deliver robust support. Presently, the **circulating supply information** utilized by Binance is derived from the CoinMarketCap (**CMC**) platform. Notably, CMC’s approach to calculating **circulating supply** excludes allocations assigned to internal stakeholders of projects. In response to evolving market needs, CMC has unveiled two pivotal metrics: **Unlocked Market Cap (UMC)** and **Unlocked Circulating Supply (UCS)**. Binance is set to incorporate this newly introduced data into their token details page, aiming to provide traders and investors with more accurate and comprehensive insights. Source: https://en.coinotag.com/breakingnews/binance-addresses-circulating-supply-concerns-integration-of-coinmarketcaps-new-metrics-for-improved-user-support/

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Filed under: News - @ December 23, 2024 12:29 pm