Investors are keen to identify tokens that, despite being listed on multiple exchanges, have yet to debut on Binance, anticipating significant price surges upon such listings. Recent examples include VELODROME, which saw a 200% increase after its Binance listing, and Travala's AVA, which surged 300% following Binance's investment announcement.
A community investor, @WolfyXBT, has compiled a list of 35 altcoins with market capitalizations starting from $20 million. These tokens are already available on platforms like OKX, Bitget, and ByBit but have not yet been listed on Binance. Such tokens often have established communities and liquidity, increasing their chances of a Binance listing. Notably, tokens with lower market caps may experience more substantial price increases upon listing.
However, it's important to recognize that some successful projects have thrived without a Binance listing. Tokens listed on exchanges like Upbit, Bithumb, OKX, and ByBit have also recorded impressive gains. For instance, Moca Network (MOCA) quadrupled in value after its Upbit listing, and Hyperliquid (HYPE) increased sixfold without Binance's involvement. This trend suggests that high-quality projects may opt for listings on secondary exchanges to maximize benefits for their teams and communities, rather than prioritizing Binance.
Despite this shift, Binance remains a leading exchange in terms of market liquidity. Reports indicate that in 2024, Binance's inflows were nearly 40% higher than those of its top 10 competitors combined. Additionally, during uptrends, tokens listed on Binance often experience prolonged price increases, whereas those listed on platforms like Upbit may see sharp declines in the short term.
In conclusion, while a Binance listing can significantly impact a token's value, investors should also consider tokens on other reputable exchanges. Conducting thorough research and monitoring market trends are essential for making informed investment decisions.
Bitcoin (BTC) is currently experiencing a correction phase following the formation of a Doji candlestick pattern, which often indicates market indecision. The price has declined by approximately 2% today, trading around $104,280, after reaching an all-time high of over $108,000 yesterday.
This adjustment comes as investors exercise caution ahead of the Federal Reserve's upcoming interest rate decision. The Federal Open Market Committee (FOMC) is expected to announce a 25 basis point rate cut, bringing the target range to 4.25%–4.5%, marking a total reduction of 100 basis points since September. However, the forthcoming "dot plot" may suggest fewer rate cuts in the coming year, indicating a more hawkish stance.
On Binance, the world's largest cryptocurrency exchange, BTC remains the most actively traded cryptocurrency. Given the current volatility, investors should closely monitor market developments and consider their trading decisions carefully.#btc $BTC
Today, October 17, 2024, the cryptocurrency market is impacted by several significant events. Most notably, token unlocks worth 500 million USD from projects like ARB, SUI, and WLD. This event could lead to major market fluctuations if investors choose to sell their tokens after the unlockBinanceCryptonews.
Additionally, XRP is seeing strong recovery after overcoming legal issues with the SEC. Major banks such as Bank of America and Santander have begun testing Ripple's payment network, which could drive rapid growth for XRP in the near futureCryptonewsCryptonews.
Solana has also seen significant growth, with its value increasing over 537% in the past year. Institutional investments in Solana are rising, along with new projects in its ecosystem, indicating potential for continued developmentCryptonews. These factors may create new opportunities but also come with risks for crypto investors in the coming days.
Bitcoin has been showing significant recovery today, reaching the $67,000 mark. Analysts suggest that it might break through the $68,000 resistance soon, supported by institutional investments such as BlackRock's recent large purchase of Bitcoin. Tesla's recent movement of $765 million worth of BTC into unknown wallets has also sparked interest, adding to the market's dynamic. With increasing open interest in BTC futures and favorable conditions, Bitcoin's upward momentum is expected to continue, although market volatility remains. This surge highlights the potential for Bitcoin to maintain its growth trajectory, with experts pointing to $70,000 and beyond as possible targets by year-end if these trends persist. #btc $BTC #CryptoNewss #btcupdates2024
🚨 Why Did Binance Transfer $400 Million USDT? 🚨 Recently, Binance made a significant move by transferring $400 million USDT to an unknown wallet, sparking many questions within the crypto community. So, what could be the reasons? Increasing Liquidity: Binance might be adjusting liquidity for its markets or preparing for the launch of a new product or token listing. Securing Assets: Binance could be moving assets between wallets to enhance security and safeguard user funds. Preparing for Investment or Partnership: This transfer could be a step in preparing for a major investment or strategic partnership with a key player. Market Volatility: Large transfers like this often signal upcoming market changes or volatility, possibly hinting at a price surge. 🧐 Conclusion: Binance’s $400 million USDT move is certainly not random. Stay alert and watch closely to avoid missing any opportunities from this development!
Bitcoin's price is currently declining and is expected to hover around $65,000 on October 15, 2024. Key support levels are at $59,000 and $57,791, signaling potential further drops if those levels are breached. Market sentiment is quite negative, reflected in the Fear & Greed Index being at Fear, indicating that investors are anxious and tend to sell off their assets during such periods. Additionally, pressure from long-term investors selling their holdings and increased regulatory scrutiny is contributing to the downward trendCoinCodexBinance. However, due to the high volatility in the cryptocurrency market, it is advisable to keep a close watch on key indicators and updated news for more informed investment decisions. #btc $BTC $BTC
Market Update on NEIRO/USDT Pair The NEIRO/USDT pair is currently trading at $0.0021268, with a slight dip of -0.62% over the last 24 hours. The chart shows the price fluctuating around the 7-day exponential moving average (EMA) at $0.0021206, indicating short-term momentum. There's been consistent buying pressure with a recent spike, but overall, the market shows signs of slight consolidation. The 99-day EMA is holding support around $0.0019798, showing a possible strong support level. The next key resistance appears at $0.002220, where a previous peak was observed. Investors should watch for any breakouts or corrections near the 150-day EMA at $0.001889. Are you bullish or bearish on this? Let’s discuss! #CryptoNewss #TraderEducation #Neiro $NEIRO
Key Token Unlock Events in October 2024 This October, several significant token unlocks are scheduled, potentially impacting the market: Arbitrum (ARB): Unlocking 96 million tokens (worth $52M) on October 16, 2024. This represents 2.65% of it$s circulating supply and may increase selling pressure. WorldCoin (WLD): Unlocking 37.23 million tokens (worth $86M) between October 14-21, 2024, which is 7% of its supply. Solana (SOL): Unlocking 524,030 tokens on October 21, 2024, valued at $80M (0.11% of supply). These events could lead to short-term price dips due to increased token availability but might also offer buying opportunities for savvy investors. #CryptoNewss #ARB #WorldCoi #SOL #InvestSmartly Join the discussion and share your thoughts! $SOL $ARB $WLD