menu
techminis

A naukri.com initiative

google-web-stories
Home

>

NFT News

>

Is the Bin...
source image

Dev

1M

read

441

img
dot

Image Credit: Dev

Is the Binance Effect Dead? Why New Listings No Longer Guarantee Profits

  • Tokens listed on Binance are no longer guaranteeing profits for investors.
  • Researchers suggest that tokens are listed to provide 'exit liquidity' for Venture Capitalists rather than promoting long-term growth.
  • Recent analysis shows double-digit gains followed by significant declines for tokens listed on Binance.
  • Binance's founder acknowledges the issues with token listing process and its impact on price movements.

Read Full Article

like

26 Likes

For uninterrupted reading, download the app