#ton
WHY DID THE PRICE OF TON FALL AT THE TIME OF LISTING AND WHAT WILL HAPPEN NEXT
A friend of mine called me half an hour after the listing and asked a question: why did the price of TON didn’t pump at the time of listing, as usually happens with coins on the binance after few minutes 😱
“I had zero expectations, which i wrote about earlier 😈 (to be honest I did short, but don’t set TP and missed some profit 😅)”
My answer was that:
$TON holders got the opportunity to sell their tokens, which they were waiting for, since this coin was overbought, and its initial price before the listing was inflated.
P. S. attached statistics from the listings of 30 coins, of which only one gone green is below👇
