Klein Labs: Binance, KuCoin, and Bithumb stand out in new coin listings

This article is machine translated
Show original

On April 10th, according to the "2024 Trading Platform Listing Effect Research Report" released by Klein Labs, Binance, Kucoin, and Bithumb performed outstandingly in new coin listings, with the following highlights:

· Binance: With strict listing standards and global liquidity, new coins listed on Binance achieved an average increase of 58% in the first month, demonstrating strong market recognition.

· Kucoin: Through high-frequency new coin listings and mining activities, Kucoin provided opportunities for excess returns on small-cap coins, attracting significant investor attention.

· Bithumb: Benefiting from the high trading enthusiasm in the Korean domestic market, local projects' trading volume increased 3 to 5 times on Bithumb, reflecting the powerful "Korean Wave effect".

The report pointed out that trading platforms' listing strategies and market positioning significantly impact new coins' market performance, and investors should pay attention to the characteristics of different platforms to optimize investment decisions.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments