An exchange will list KGEN for spot trading
Price action around listing announcements tends to follow three phases:
① Announcement: Attention surges first, and the candlestick chart often moves ahead of the news;
② Around the listing: Profit-taking is most concentrated, and “selling the news” is common;
③ After trading opens: The focus returns to fundamentals, and whether volume holds up is what matters.
$KGEN Current price: 0.1616, 24h +13.24%. We’re still in phase ①.
A listing brings liquidity, but also more selling pressure.
#KGEN
Price action around listing announcements tends to follow three phases:
① Announcement: Attention surges first, and the candlestick chart often moves ahead of the news;
② Around the listing: Profit-taking is most concentrated, and “selling the news” is common;
③ After trading opens: The focus returns to fundamentals, and whether volume holds up is what matters.
$KGEN Current price: 0.1616, 24h +13.24%. We’re still in phase ①.
A listing brings liquidity, but also more selling pressure.
#KGEN