Crypto Pre-market Trading: A Deep Dive into Growth, Risks, and Competition

Cryptocurrency pre-market trading is experiencing explosive growth, accounting for just a fraction of the overall market volume but boasting remarkable user adoption. This off-exchange activity, often occurring before token listing on centralized exchanges, plays a crucial role in price discovery during periods of low liquidity. 300% annual user growth has been observed, primarily driven by meme coin performance, which has delivered unprecedented returns. The article explores the dynamics behind this burgeoning market.