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Home » Potential Implications of Purchasing Newly Listed Altcoins on Binance’s First Day of Trading
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Potential Implications of Purchasing Newly Listed Altcoins on Binance’s First Day of Trading

By admin12 月. 17, 2024没有评论1 Min Read
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Potential Implications of Purchasing Newly Listed Altcoins on Binance's First Day of Trading
Potential Implications of Purchasing Newly Listed Altcoins on Binance's First Day of Trading
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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.

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