Quote from: suzanne5223 on June 27, 2020, 02:16:22 PM

Quote from: tabas on June 26, 2020, 10:41:06 AM

Quote from: suzanne5223 on June 25, 2020, 09:12:13 PM

You maybe right because some traders follow coins listed on big exchange site but those are inexperienced traders that invest in project base on hype cause some IEO launched on Binance are not profitable not to talk about the priject which imitated others crypto related project concept.

It's at the discretion of investors and traders. But we all know that people get crazy when something will be on Binance.

Agreed. Thats because of the huge traffic the exchange had and 85% of those people that went crazy because of the crypto listed on the exchange only does that to make some quick easy bucks through the trading competition and listing giveaway done by the exchange site, once the hype is over what they did is dump the coin and thats was what happened to BTT.

Those IEOs and other listings that has been made on Binance made significant pump for those coins. That's why traders look into it as a haven of pump whenever a new coin gets listed.
But it's not that lasting long.