iBNB

<ul><li>Over 80% of tokens listed on Binance in the last six months have seen their values drop post-listing, challenging previous trends.</li><li>Tokens listed on Binance averaged an FDV of $4.225 billion at launch but saw an average decline of 18.19% in value.</li><li>Some exceptions like MEME, ORDI, JUP, and WIF have resisted the post-listing decline, maintaining or increasing their value.</li></ul>Cryptocurrency market trends are exhibiting a shift in the once celebrated &#34;Binance effect,&#34; where tokens listed on the esteemed exchange Binance no longer guarantee sustained price surges, unveiling a pattern that could signal an evolution in investor sentiment and market maturity.Recent analyses, including an insightful <a href="https://x.com/tradetheflow_/status/1791382914447573218" rel="noopener noreferrer nofollow">thread</a> by crypto researcher Flow (&#64;tradetheflow_), reveal a concerning pattern among newly listed tokens on Binance. Over the past six months, more than 80% of these tokens have seen their values plummet post-listing, challenging the prior norm, where listings on Binance would almost certainly result in price upticks.<a href="https://cryptotale.org/binance-listings-a-closer-look-at-the-diminished-impact-on-token-prices/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Binance Listings: A Closer Look at the Diminished Impact on Token Prices

CryptoTale

Other articles published on May 20, 2024

Ethereum (ETH) Nears Key Breakout, Eyes $4,000 Target

PlanB Highlights Bitcoin’s 2024 Bull Market

The 3 Best Cryptos to Buy Before the NFT Market Booms

VALR Expands Services with TRON Network Support and New TRX Staking Product (20 May)

Bitcoin and Cardano Skyrocket With 716% Increase in Fund Flows

Analyst Sees Ethereum’s Price Surge

Join our free newsletter for daily crypto updates!