Wen binance? If you're in Telegram of a (new) project, this is usually spammed/requested on a daily. Why you may say?
Well usually, and it makes sense, the price goes up as you reach a big audience who feel most comfortable at the binance cex, and don't trade or may not trade at any other cex. This isn't always the case, $DOGS have proven.
The $DOGS token, which launched on Binance on August 26, 2024, experienced a significant drop in value shortly after its debut despite the high anticipation surrounding its listing and the International Dog Day timing. Initially, the token saw strong interest due to its integration with Telegram and a large airdrop, but it has since fallen by 24.4% from its peak, reaching nearly the bottom right now at $0,001199. The listing was highly anticipated, but the token's performance has raised concerns about its future trajectory in the competitive meme coin market. Personally I see this as a fairly, calculated risk, as it deems to not easily rug or stop as much money is spent on its market maker and to get listed on the most wanted cex; binance. Show Less
