The SIREN contract has gone live, how far can spot trading be?
The SIREN contract went live last Saturday, what does this mean? It's simple, spot trading is not far off now.
Each time a new coin is launched, the contract usually precedes it, giving the market a chance to test the waters. Smart investors have already started to pay attention, as this often precedes the appearance of the spot market.
What does it mean for the contract to lead the way?
The market begins to have liquidity — the contract going live first means the exchange has opened the first door for SIREN, allowing funds to enter.
Price begins to fluctuate — the contract market can provide leverage, allowing early movers to start speculating, setting a price benchmark for the spot market.
The launch of the spot market is a highly probable event — exchanges do not launch contracts without reason; since there is a contract, it indicates interest in SIREN, and the next step for the spot market is essentially a done deal.
How far can spot trading be?
Looking back at history, every time a new coin's contract launched first, the spot market usually does not keep people waiting too long. Sometimes, the spot market follows closely behind, directly airdropping or heating up, attracting more retail investors.
Smart capital has already started to position itself, waiting for the final trigger.
The question now is not “Will there be a spot launch?” but “When will it launch?” — the opportunity is getting closer, and market sentiment is already being ignited.
SIREN has already reached this point; the spot market could open at any time. Are you ready?
Recent focus: SIREN TST SOL NIL MKR
