How does a crypto get monitored? What's next?
- Profit Opportunities with Currencies in Monitoring
When a coin enters Binance’s watchlist, it can present unique profit opportunities due to the volatility it generates. Typically, the watchlist announcement causes an initial drop in price due to fears of delisting. However, savvy traders can take advantage of the panic selling to buy the coin at extremely low prices and profit from possible quick recoveries, especially if the project takes steps to meet Binance’s requirements.