While Binance, the world's largest cryptocurrency exchange, continues to list altcoins and conduct Launchpoll, investors are also researching and following altcoins that have the potential to be listed on Binance.
Because the prices of altcoins listed in Binance futures or spot transactions usually skyrocket. In this way, investors make big gains in a short time.
At this point, Lookonchain shared that an investor who follows Binance listings earned $140,000 in 20 minutes.
An investor who follows Binance's new listings bought 2.77 million MOODENG today, right after the listing announcement of the memecoin called MOODENG. The investor, who spent 1,300 Solana for this MOODENG purchase, sold his MOODENGs 20 minutes later and made a profit of 809 SOL, or 140 dollars.
This investor used the same strategy on MOODENG and earned $17,000 in minutes on a memecoin called GOAT.
“A savvy investor made $140K in less than 20 minutes by watching Binance’s new cryptocurrency listings!”
A savvy trader has made $140K in less than 20 minutes by monitoring #Binance's new cryptocurrency listings!
In the same second that #Binance announced the listing of the $MOODENG perpetual contract, he spent 1,300 $SOL to buy 2.77M $MOODENG and quickly sold for 2,109 $SOL,… pic.twitter.com/9hvN44IWLa
— Lookonchain (@lookonchain) October 25, 2024
*This is not investment advice.