#eth #ETHFI (Binance) is about to complete the exchange of Frontier (FRONT) tokens and upgrade them to SELF. This process will begin shortly after the testnet ends testing, which is expected to be after March 29. First, the mainnet launch will support the conversion of Front in the on-chain wallet to Self tokens, and then the centralized exchange (CEX) will follow up to support this currency exchange operation.

Judging from historical cases, such as the name change and replacement of GFT and PDA, Binance usually has a time window of about 10 days from the announcement to the official delisting of spot and futures, to the launch of new currencies. During this window period, the price of new currencies often increases significantly, ranging from 2 to 5 times. Considering that Frontier is reorganized into a brand new public chain, this should theoretically have advantages over other currency exchange projects.

At present, the price of FRONT has fallen back to about 1 times after experiencing a 4-fold increase at its highest point. This shows that if the market’s expectations for the Self token are positive, judging from FRONT’s current market capitalization, there is still a lot of room for the token price to rise. For investors, this is an event to watch closely as it could lead to huge short-term arbitrage opportunities.

Conservative investors can choose to sell before Binance announces the currency swap and before the market opens to ensure profits. Aggressive investors can choose to trade new coins within minutes of the opening in the hope of reaping higher profits. Based on past experience, new currencies often have a process of rising higher when they open. If the market sentiment is good, investors may get higher profits from it.

In general, the event of Front being replaced by Self is an investment opportunity that deserves attention, but it also requires investors to make decisions based on their own risk tolerance and market analysis.