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Is the Binance Effect Dead? Why New Listings No Longer Guarantee Profits Some things in the crypto world go unquestioned. Binance effect was one of such things, which is the belief that Binance listing guarantees a surge in token value. This was always seen as a game-changing milestone for crypto companies and cemented their positions in the market. And the logic is clear here: more exposure, more investors, more liquidity, and a higher market cap.. But in 2024 something changed and tokens started performing terribly after being listed on Binance, for instance: PORTAL (-69%) AEVO (-68%) SAGA (-63%) Researchers analyzed the situation and concluded that tokens were listed to provide “exit liquidity” for Venture Capitalists instead of granting investment potential for traders. This suggests that listing doesn’t guarantee long-term growth and may signal a price peak rather than the beginning of an uptrend. Research from Presto highlights how the market has shifted. It mentions double...