The NeoSoul token DNA will be listed on Binance, a certain exchange, and others on October 16.
I’ve reviewed the price movements around listing announcements many times. They generally have three stages:
① Announcement: Attention peaks, and the price often moves ahead of the news;
② Around the listing: Disagreement is at its highest, and “buy the rumor, sell the news” is common;
③ A few days after listing: The focus returns to fundamentals, and whether trading volume holds up is key.
$BNB Current price: 721.77, 24h: -2.79%. It’s currently in stage ①.
New tokens have no historical holder distribution, so technical analysis is of limited value.
Whether to buy is up to you; I’m just sharing my thoughts.
I’ve reviewed the price movements around listing announcements many times. They generally have three stages:
① Announcement: Attention peaks, and the price often moves ahead of the news;
② Around the listing: Disagreement is at its highest, and “buy the rumor, sell the news” is common;
③ A few days after listing: The focus returns to fundamentals, and whether trading volume holds up is key.
$BNB Current price: 721.77, 24h: -2.79%. It’s currently in stage ①.
New tokens have no historical holder distribution, so technical analysis is of limited value.
Whether to buy is up to you; I’m just sharing my thoughts.