There's an intriguing phenomenon: it seems that a certain leading exchange only starts to act when meme coins are almost bottomed out.
Take Binance as an example—do they only consider listing a coin after its market cap drops to around 50 million? Do they wait until most traders have already cut their losses before going live?
Recently, most of the new tokens added in the Alpha section have first fallen by about 70-80%, and only then do they appear on the platform. Is there some secret behind this? Are there particular considerations in choosing the right timing? Or am I misunderstanding something?
Seeking insights from experienced folks.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
3
Repost
Share
Comment
0/400
AltcoinHunter
· 3h ago
Oh no, isn't this just asking whether the exchange is bottom-fishing? It sounds a bit reasonable.
Launching after a round of selling does seem a bit shady... but on the other hand, would that make it more stable when it goes up?
I just want to know if this is a blessing or a trap for retail investors, really.
View OriginalReply0
GateUser-3824aa38
· 3h ago
Haha, you're right. I've also noticed this pattern... Do they all have to first lose everything and go broke before the exchange feels safe?
View OriginalReply0
AirdropFatigue
· 3h ago
It's normal to go live after the completion of the split, haha.
There's an intriguing phenomenon: it seems that a certain leading exchange only starts to act when meme coins are almost bottomed out.
Take Binance as an example—do they only consider listing a coin after its market cap drops to around 50 million? Do they wait until most traders have already cut their losses before going live?
Recently, most of the new tokens added in the Alpha section have first fallen by about 70-80%, and only then do they appear on the platform. Is there some secret behind this? Are there particular considerations in choosing the right timing? Or am I misunderstanding something?
Seeking insights from experienced folks.