More than 80% of the tokens listed during the past six months have fallen in value since their listing, raising concerning implications for investors looking for the newest cryptocurrencies. From the 31 analyzed tokens, only five coins have appreciated, including Memecoin , Ordi , the Solana-based Jupiter token, Jito and Dogwifhat , according to pseudonymous crypto researcher Flow’s May 17 X post: Binance tokens listed during the past six months.
This can significantly limit their upside potential, according to pseudonymous researcher Flow: More often than not, tokens launching on Binance are not investment vehicles anymore - all their upside potential is already taken away. Instead, they represent exit liquidity for insiders who capitalize on retail lack of access to quality early investment opportunities. Explore Cointelegraph’s guide to discover the tools and strategies essential for trading cryptocurrency both safely and profitably.