Research - Binance Future Listing - Two Scenarios

The Future (perpetual) market usually provides us some valuable information about the market. Let's discuss the scenarios of a Coin when listing on the Future market

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Coin Wire
September 27, 2023

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BINANCE FUTURE LISTING - TWO SCENARIOS

By far, Binance is now the largest CEX in the Crypto industry, which also means Binance is the largest liquidity pool on Earth, both in spot trading and future trading.

However, in today’s research, I would like to discuss the future trading aspects, especially the price action of a coin after the future trading announcement of Binance.

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Two Scenarios of Binance Future Listing

After hours and hours researching, I finally found a pattern of a coin whenever Binance announces future trading for that coin.

  1. Huge PUMP, Future listing, and only DUMP afterwards

  2. Consolidate, Future listing, and to the MOON (non-stop upward momentum), and DUMP (obviously)

Let’s review the 1st scenario, which is more often to observe on the market

Case Study

I only took a few cases recently, please remember this scenario happened so often in the past.

$HIFI

$HIFI created such a crazy movement in mid September. $HIFI increased up to 400% from the break point, achieving its high around $2.6.

And then, the listing of HIFIUSDT.P come. After only a few hours, $HIFI decreased remarkably, at some times, $HIFI decreased more than 50% in only one day

Another sample from the past is $IDEX. 140% pump, and DUMP only after future listing.

The 2nd scenario, which is not really common on the market, BUT, Binance still does this sometimes.

You may have heard of the name $YGG.

The movement of $YGG is extraordinary on both the spot market and future market. After listing on the future market, $YGG witnessed such a growth of more than 400% in the spot trading and a non-stop upward momentum in future trading.

The 2nd sample for this scenario is $FRONT.

After moving up and down with such volatility, the Future listing of $FRONT seems like the major bullish motivation for $FRONT. After listing to the future market, $FRONT experienced 60% growth, and is still showing strength at the moment. Not sure how far $FRONT would go, but the 2nd scenario is still true when applied to $FRONT at the moment.

At the time of writing, it seemed like $FRONT has peaked out.

The article is not financial advice. Please do your own research before making any investment decision.

I would discuss the price motivation and some of my perspective toward these price actions later, if this newsletter gets a good reaction from you guys. Thanks for reading.

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