Beware of the Hype Around New Binance Listings
When a new coin is listed on Binance, it often creates a lot of excitement, causing its price to skyrocket, sometimes by over 3000%. However, history shows a clear pattern-most of these coins experience a sharp drop just days after their listing.
Looking at past Binance listings, you'll notice that after the initial hype fades, the prices often crash, losing most of the early gains. This is a warning about the risks of FOMO (Fear of Missing Out) during these events.
While today's new listing, $MOVE, may be in the spotlight, it's likely to follow the same trend of price drops. For retail investors, it's important not to make quick, emotional decisions and to focus on the on your goal $BTC
$SOL
$BNB
