#front #热门话题 (Binance) is about to complete the exchange of Frontier (FRONT) tokens and upgrade them to SELF. This process will begin shortly after the testnet ends testing, which is expected to be after March 29. First, the mainnet launch will support the conversion of Front in the on-chain wallet to Self tokens, and then the centralized exchange (CEX) will follow up to support this currency exchange operation.
Judging from historical cases, such as the name change and replacement of GFT and PDA, Binance usually has a time window of about 10 days from the announcement to the official delisting of spot and futures, to the launch of new currencies. During this window period, the price of new currencies often increases significantly, ranging from 2 to 5 times. Considering that Frontier is reorganized into a brand new public chain, this should theoretically have advantages over other currency exchange projects.
At present, the price of FRONT has adjusted back to about 1x after a 4x increase from its highest point. This shows that if the market has positive expectations for Self tokens, the token price still has a lot of room to rise based on FRONT's current market value. For investors, this is an event that needs to be closely watched because it may bring huge short-term arbitrage opportunities.
Conservative investors can choose to sell between the time Binance announces the token swap and before the opening to ensure profits. Aggressive investors can choose to trade within a few minutes after the new token opens in the hope of obtaining higher returns. Based on past experience, new tokens often have a high-price process when they open. If the market sentiment is good, investors may be able to obtain higher profits from it.
In general, the event of Front being replaced by Self is an investment opportunity that is worthy of attention, but it also requires investors to make decisions based on their own risk tolerance and market analysis.