Odaily News According to the official announcement, Binance is committed to creating a healthy and sustainable market environment and always puts the interests of users first. In recent months, Binance has observed that tokens are issued with high valuations and low initial circulation. This trend is discussed and its impact is highlighted in the report "Observations and Thoughts on the Current Situation of High Valuation and Low Circulation Tokens". In order to cultivate a healthy industry with multiple market participants, Binance will take the lead in supporting small and medium-sized cryptocurrency projects. Binance sincerely invites high-quality teams and projects to apply for Binance listing projects, including: Direct Listing, Launchpools, Megadrops, etc. It is hoped that by strengthening support for small and medium-sized cryptocurrency projects with good fundamentals, organic community foundation, sustainable business model and industry responsibility, the development of the blockchain ecosystem will be promoted.