$DNA 🧬😂 Honestly, I’m not very optimistic about this one.
Last year, $M was listed on Binance Alpha and surged from $0.003 to $0.14. 🚀 But it took nearly two months of buildup before futures trading was launched.
During that period, plenty of retail traders got involved early. Once futures trading opened, market makers took advantage of the momentum, fueling a massive pump and squeezing retail short sellers. 💥📈
For tokens that launch with futures trading right from the beginning, my view is different. Unless the price is tightly controlled, like $BTW , a Binance listing could mark the peak rather than the beginning of a long rally. 📉
After that, we might see a year or two of declining prices, interrupted by the occasional sudden wick! 😂🎢
That’s my personal market analysis. If you think it makes sense, drop a like and let’s discuss! 👍🔥
Last year, $M was listed on Binance Alpha and surged from $0.003 to $0.14. 🚀 But it took nearly two months of buildup before futures trading was launched.
During that period, plenty of retail traders got involved early. Once futures trading opened, market makers took advantage of the momentum, fueling a massive pump and squeezing retail short sellers. 💥📈
For tokens that launch with futures trading right from the beginning, my view is different. Unless the price is tightly controlled, like $BTW , a Binance listing could mark the peak rather than the beginning of a long rally. 📉
After that, we might see a year or two of declining prices, interrupted by the occasional sudden wick! 😂🎢
That’s my personal market analysis. If you think it makes sense, drop a like and let’s discuss! 👍🔥