After completing the "last mile" of Meme coin, does Moonshot also have the effect of listing coins?
The price of a coin will be pulled up as soon as it is listed. Does Solana have its own "Binance"?
Original title: "Promoted to Meme Vane, Does Moonshot Really Have a Listing Effect?"
Original author: Nan Zhi, Odaily Planet Daily
Recently, the Meme trading platform Moonshot has become famous and has been "praised" as a "small Binance" on the chain by many posts on the X platform, claiming that it has solved the "last mile" problem of Meme tokens and has a strong listing effect. (Note: The author checked 9 Moonshot introduction articles and found that there were 6 articles with recommended links, showing a clear promotion benefit tendency.)
So does Moonshot really have a significant listing effect? If it does, is it short-term or long-lasting? Odaily will review the data in this article.
Basic Situation Description
· Statistical Object: This article counts the 13 tokens that have been listed on Moonshot in the past ten days, excluding tokens that cross-chain from other chains to Moonshot, such as NPC, STONKS, etc.
· Statistical Time: Based on the listing time provided by the account "Moonshot Listings", the token prices are counted 5 minutes, 1 hour, 4 hours, 24 hours after listing, and at the current time (October 22, Beijing time 11: 00).
· Special Case: Since it is impossible to obtain the second when the listing announcement was released, the starting price is taken from the opening price of the 1-minute K-line, and other prices such as 5 minutes after listing are taken from the closing price of the 1-minute K-line.
Review of the coin listing effect
The price statistics for each time period are as follows:
It can be clearly seen that there is an obvious "coin listing effect" 5 minutes after the announcement of the coin listing, and the average increase in the 5 minutes after the announcement is 14.7%. The longer the time, the more obvious the differentiation.
In addition, if GOAT is not included, the average increase from 5 min to 24 H is actually increasing, but the cumulative increase since the coin listing has fallen sharply.
Short-term listing effect is obvious
The five-minute increase of each Moonshot token after listing is shown in the figure below. It is arranged from left to right in the order of listing. It can be seen that all except XD have positive growth after the announcement.
After reviewing the K-line, the author found that there is a possibility that the "announcement robot" automatically buys according to the Moonshot announcement, especially for several small-cap tokens, the 1-minute increase is more significant than the 5-minute increase.
The 1-hour increase chart is shown below. It can be seen that most tokens still maintained a positive increase 1 hour after the announcement, but began to diverge, and the increase of several tokens began to develop towards the 0 axis.
No listing effect in the medium term
The following figure is a 4-hour increase chart. Half of the tokens have erased their gains and continued to decline. Magnet, GOAT, GNON and other three tokens are the leading tokens in their respective stages. The continued increase in the increase cannot be qualitatively attributed to Moonshot as the fundamental reason for the increase.
The 24-hour increase chart is shown below, among which Slop and Shoggoth are included because they have been listed for less than 4 hours. It can be seen that the differentiation of token gains is becoming more and more obvious. It can be basically determined that whether Moonshot is listed or not has no direct relationship with the token's medium-term increase.
Long-term return to zero
The following figure shows the cumulative increase of the tokens since the announcement of the listing. GOAT is not drawn in this figure because of its large increase. It can be seen that most tokens are heading towards zero. The essence is mainly because Moonshot’s listings are all Meme tokens. At present, it is difficult to attract attention and establish core consensus in the long term when similar tokens are rampant. Zero is inevitable.
In summary, Moonshot’s listing can often only be used as a short-term reference indicator. Whether the token can continue to rise in the short and medium term has nothing to do with it.
In addition, it can be found through review that Moonshot’s listing is only carried out in the evening and early morning of Beijing time. The listing is often dominated by popular tokens with a market value of around 10 million. Readers who focus on trading during this period can pay attention to short-term opportunities.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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