In a new analysis of Binance Launchpool cryptocurrency projects by Onchain analyst killthewolf.eth, it was found that the optimal selling point for coins issued by Binance Launchpool is 9 days and 11 hours after the market opens.
This conclusion was reached after examining the BNB trading pair trends of the last 10 Binance Launchpool projects within 14 days of their launch.
The study was conducted by onchain analyst killthewolf.eth, who calculated the “BNB pairs” of the last 10 Launchpool projects within 14 days of launch. According to the analyst, the reason for choosing BNB pairs over USDT pairs was to avoid any potential influence from the overall market and thus make the results easier to understand.
The “average return trend” of these 10 tokens was also calculated and represented by the thick black line on the chart. It was observed that the highest point of this black line, which is the “average optimum selling point”, was 9 days and 11 hours after the opening, and at this point the average return could reach 8.7%.
However, it is important to remember that this analysis is based on historical data and future projects may perform differently. As always, investors are advised to conduct their own research and consider multiple factors before making an investment decision.
*This is not investment advice.