Binance lists several bStocks trading pairs
The price action around listing announcements tends to follow three phases, as I've seen many times:
① When the news breaks: sentiment peaks, and the candlesticks often move ahead of the news;
② Around the opening: profit-taking is at its highest, and it's not uncommon for gains to be sold on the news;
③ After the listing: the focus returns to fundamentals, and whether trading volume holds up is key.
$STAR is currently at 0.03481, down 0.6% over 24h, and is still in phase ①.
For new tokens, circulating supply and unlock schedules matter more than price gains.
#STAR
The price action around listing announcements tends to follow three phases, as I've seen many times:
① When the news breaks: sentiment peaks, and the candlesticks often move ahead of the news;
② Around the opening: profit-taking is at its highest, and it's not uncommon for gains to be sold on the news;
③ After the listing: the focus returns to fundamentals, and whether trading volume holds up is key.
$STAR is currently at 0.03481, down 0.6% over 24h, and is still in phase ①.
For new tokens, circulating supply and unlock schedules matter more than price gains.
#STAR