A study conducted by Flow analyst shows that investing in new tokens listed on Binance over the past six months has not been profitable.

Out of 50 new tokens released on Binance, only 5 have shown price growth: ORDI, JTO, JUP, WIF, and MEME. As a result, if an investor had invested equal amounts in each of them, their portfolio would have lost over 18% in the last six months.

Flow believes that the growth potential of new tokens on Binance has already been exhausted and listing on the exchange is a tool for insiders to dispose of their liquidity.