Binance Lists 27 Altcoins, But Most Decline After Listing

Binance, the world’s leading cryptocurrency exchange, has listed 27 new altcoins since the start of this year. However, a significant number of these tokens have seen steep declines in value since their initial listing, with only three showing positive returns. While these downturns contribute to the broader bearish sentiment in the crypto market, it highlights that immediate price surges following listings often fail to sustain long-term growth.