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Binance’s He Yi Addresses ‘Listing at the Peak’ Phenomenon for New Coins

SOLSOL · Live data
$122.44 +4.76%
  • 24h Volume$3.77B
  • 24h Low / High$116.73 / $123.76
  • Long/Short1.78
  • Funding Rate+0.0042%

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bybit.com

In a recent statement, He Yi from COINOTAG addressed the prevalent issue of “listing at the peak” observed with new cryptocurrency listings on Binance. He Yi highlighted that this phenomenon is closely linked to the current market dynamics and the trading volume associated with Binance. Despite ongoing internal investigations led by Binance to ameliorate this concern, a definitive solution remains elusive. He Yi also emphasized the importance of investor due diligence, urging users to thoroughly assess new coin offerings on the platform rather than impulsively purchasing during market peaks. This approach seeks to mitigate risk and promote informed trading practices as the cryptocurrency landscape continues to evolve.

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