FORM: Formerly BNX's Renamed Coin
The market is performing quite well now, primarily driven by the overall strength of BNB, which has led to a collective rise in ecosystem coins. Looking at today, there is still continuous capital inflow into the BNB ecosystem, especially THE, BAKE, and LISTA, which have recently performed well. 📈📈
Since the rebranding and listing on Binance in March, the trend has been a steady rise, not the kind of dramatic ups and downs, but rather a gradual climb. The project team also knows how to create hype, often stirring things up to attract attention. 💥
The characteristic of this coin is its high volatility, often experiencing 'spike' market trends, where prices suddenly jump up and down, making it less suitable for trading contracts due to high risks.
In the past four months, on-chain capital has been steadily flowing in, but the coin price has not fully exploded yet. For spot trading, it is advised to wait for a pullback and enter gradually, rather than going all in at once.
As for the specific timing to enter the market, I will share it with my followers as soon as possible to help everyone grasp the rhythm. 😁😁
