Research: Binance Listed Tokens Usually Grow Over 40% On Day One


Cryptocoins Exchanges / Binance 26 Views

In accordance with statistics from Ren & Heinrich, the impact of being listed on Binance may have a constructive impression on the worth of the coin/token from day one and persist for a long time since then.????

Based mostly on worth knowledge from CoinGecko of 26 cryptocurrencies listed on Binance over the previous yr and a half, the researchers present that normally, the token worth all the time will increase within the following days.????

Particularly, compared to the worth recorded at the time the Binance listing announcement was made:

-Worth elevated by a mean of 41% on the day of itemizing.

– The worth elevated on common 24% after 3 days since listing.

– The coin worth is often within the bullish zone for 22 days from the time of itemizing before falling again.

– The very best common improve in 30 days because the listing is 73%.

Some remoted instances corresponding to Stargate Finance (STG) elevated 152% on the first day of itemizing, whereas Lido (LDO) dropped almost 29%.????

Does anyone know what the circumstances are for a coin to be listed on Binance????? I'm curious how RBIF can get on Binance????

submitted by /u/DavisSsS1373
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