What Would Happen on Binance If Recently Listed Altcoins Were Bought on the First Listing Day?
The post What Would Happen on Binance If Recently Listed Altcoins Were Bought on the First Listing Day? appeared on BitcoinEthereumNews.com.
Binance, the world’s largest cryptocurrency exchange, has recently made headlines with the listing of numerous new altcoins. A large number of tokens, especially from the memecoin sector, have been made available for trading by Binance for users, both in the spot market and in the futures market. So how did the altcoins that usually pumped suddenly when they were listed perform afterwards? Were they able to sustain the pumps they experienced at the beginning? Here is information about the performance of the last altcoins listed since the listing date. (The data in question includes the prices of the altcoins after the listing, not the prices at the time of the listing announcement.) Act I: The AI Prophecy (ACT) – 3.74% higher than listing day Thena (THE) – 50.19% lower than the listing day Peanut the Squirrel (PNUT) – 176.66% higher since listing day CoW Protocol (COW) – 46.81% higher than listing day Across Protocol (ACX) – 34.89% lower than listing day Orca (ORCA) – 34.08% lower than listing day Velodrome Finance (VELO) – 30.15% lower than listing day *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/what-would-happen-on-binance-if-recently-listed-altcoins-were-bought-on-the-first-listing-day/
Filed under: News - @ December 18, 2024 1:13 am