Binance's Launchpool has introduced 19 projects this year, but nearly all of them have failed to generate profit since their launch (with the highest value typically occurring at the start), which is quite alarming! There's a common saying in the community: "A new Launchpool on Binance suggests a favorable market," but this belief seems to be losing its relevance.
Here’s the drop from their peak values:
Over 90% drop: $AEVO, $PORTAL
Over 80% drop: $ETHFI, $MANTA , $ALT , $PIXEL, $XAI , $AI, $OMNI, $REZ
Over 70% drop: $ENA, $NOT, $IO
The tokens with the smallest declines are:
$SCR: 29% (just launched)
$TON: 38%
$DOGS: 57%
$SAGA: 67%
$HMSTR: 65%
$CATI: 62%
In the past 90 days, only $SAGA has seen a rise of 105%, and in the last 30 days, only $ENA and $PIXEL have gained over 10%. I've been closely monitoring the data lately, and I may need to be more cautious moving forward; it's quite unsettling.
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