Is it worth buying tokens after listing on Binance?
The chart above shows statistics on token behavior 5 days before the listing announcement and 5 days after.
The average price increase for all coins on the first day after Binance listing was +41%.
By the third day the average increase from the listing announcement was +24%.
On average coins stayed in plus for 22 days after listing before going negative again.
The average maximum price within 30 days of listing was 73% higher than the day of listing.
Conclusion.
Basically, if you found out about a listing on Binance, the price has already made an average of +40% and there is no point in buying further. The exception: a no-name asset that will only become available on one exchange, as was the case with MAGIC.
