Day 16 until the next bull run. 🕐
There was a time getting listed on a top exchange meant the coin pumped. People bought just on listing news.
Not anymore.
In the past 12 months every single top exchange had a median loss on new listings.
Coinbase 122 listings median loss 51%
OKX 56 listings median loss 51%
Bybit 120 listings median loss 66%
Binance 81 listings median loss 74%
KuCoin 293 listings median loss 80%
Out of 2,558 listings only 511 were positive. 3 out of 4 listed tokens are still below their listing price.
Don’t buy just because something got listed.
And KOLs will keep saying history repeats, alt season is coming, 2018 2022 this that.
But crypto only has 16 years of history. We are making history right now. Not everything will repeat. 🤝
#DailyReminder