Binance Announces Updates to Token Supply Information Metrics

Binance has shared important updates regarding the circulating supply data displayed on its platform, responding to community feedback for greater transparency and accuracy.Key Updates:Current Methodology:Binance currently uses CoinMarketCap (CMC) data for circulating supply, which excludes allocations to insiders. This methodology ensures that the data reflects publicly tradable assets.Introduction of New Metrics:Binance will integrate two new metrics introduced by CMC:Unlocked Market Capitalization (UMC): Reflects the total value of all unlocked tokens, including those held by insiders.Unlocked Circulating Supply (UCS): Provides a more comprehensive view of the token supply, including insider allocations.Implementation Timeline:Binance is working to incorporate these metrics into its token info section on the app and website. Users are encouraged to stay updated through future announcements.