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

By adminDec. 17, 2024No Comments1 Min Read
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Potential Implications of Purchasing Newly Listed Altcoins on Binance's First Day of Listing
Potential Implications of Purchasing Newly Listed Altcoins on Binance's First Day of Listing
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Binance, the world’s largest cryptocurrency exchange, has recently garnered attention by listing numerous new altcoins. Binance has made a wide range of tokens available for trading, particularly in the memecoin sector, for both spot market and futures market users.

The performance of these newly listed altcoins after their initial pump has raised questions. Can they sustain the momentum they experienced at the beginning? Below is information on the performance of the most recent altcoins listed, based on their prices after the listing (not the prices at the time of listing announcement).

Act I: The AI Prophecy (ACT) – 3.74% higher than the day of listing
Thena (THE) – 50.19% lower than the day of listing
Peanut the Squirrel (PNUT) – 176.66% higher since the day of listing
CoW Protocol (COW) – 46.81% higher than the day of listing
Across Protocol (ACX) – 34.89% lower than the day of listing
Orca (ORCA) – 34.08% lower than the day of listing
Velodrome Finance (VELO) – 30.15% lower than the day of listing

*This information is not intended as investment advice.

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