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Report: Most of the new tokens listed by the four major cryptocurrency trading platforms in 2024 performed poorly

Report: Most of the new tokens listed by the four major cryptocurrency trading platforms in 2024 performed poorly

CointimeCointime2024/07/04 05:07
By:Cointime

On July 4th, cryptocurrency market data provider CoinMarketCap released a report stating that as of June 25th, data showed that most of the new token projects listed on the four major cryptocurrency trading platforms, Binance, Bybit, OKX, and Bitget, which are set to go public in 2024, have performed poorly since their initial listing due to market conditions. In addition to external market conditions, their different listing strategies may also be one of the reasons for the poor performance of the four platforms. Looking at the market in the second half of 2024, there are already many opportunities, whether it is the supply impact after the halving, the first interest rate cut by the US Federal Reserve since 2021, or the upcoming US presidential election where both Trump and Biden have expressed support for the cryptocurrency industry, all of which will give the cryptocurrency market new impetus.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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