Huge, leading to a sharp increase in price, sometimes exceeding 3000%. But history shows us a consistent pattern - most of these coins experience significant declines a few days after their listing.
If you review the list of previous new listings on Binance, you’ll notice that after the initial euphoria wears off, these coins tend to drop significantly, often erasing much of the initial gains. This pattern highlights the dangers of fear of missing out (FOMO) during such events.
Today’s newly listed coin $MOVE may be enjoying the spotlight, but based on the same historical trend, a crash is likely to be imminent. For individual investors, it is imperative to avoid impulsive buying and focus on the bigger picture.
Key tip:
Avoid chasing the hype of newly listed coins.
Be careful, as this increase is often unsustainable.
If you are trading, set tight stop loss points to protect your capital.
Don't fall into the trap of thinking the hype will last forever - history suggests otherwise. Stay safe and trade wisely!
#MOVE#NewListing #MOVE #NewListing #
Cryptocurrency Advisor