Invest Immediately on the First Day of Altcoin Listing on Binance: Opportunity or Risk?

Binance, the largest cryptocurrency exchange in the world, has recently become the center of attention by listing many new altcoins. Binance has provided a large number of tokens, especially from the memecoin sector, for users to trade on both the spot market and the futures market.

So how have the altcoins that often spike suddenly upon listing performed afterward? Can they maintain the gains they experienced initially? Here is information on the performance of the most recently listed altcoins since their listing date.

(The data mentioned includes the price of altcoins after listing, not the price at the time of the listing announcement.)

Act I: The AI Prophecy (ACT) – up 3.74% from the listing date.

Thena (THE) – down 50.19% from the listing date.

Peanut the Squirrel (PNUT) – up 176.66% since the listing date.

CoW Protocol (COW) – up 46.81% from the listing date.

Across Protocol (ACX) – down 34.89% from the listing date.

Orca (ORCA) – down 34.08% from the listing date.

Velodrome Finance (VELO) – down 30.15% from the listing date.