Coin World News Report:
Announcement issued, obvious listing effect within 5 minutes, differentiation begins after 1 hour, short-term and medium-term gains have no relation to Moonshot.
By Nan Zhi, Odaily Star Daily
Recently, the meme trading platform Moonshot has gained popularity and has been praised by multiple posts on platform X as the “small Binance” on the chain, claiming to solve the “last mile” problem of meme tokens and have a strong listing effect. (Note: The author reviewed 9 Moonshot introduction articles and found 6 of them with obvious promotional tendencies.)
So does Moonshot really have a significant listing effect? If so, is it short-term or long-term? Odaily will review the data in this article.
Basic information:
Statistical objects: This article statistically analyzes 13 tokens listed on Moonshot in the past ten days, excluding tokens from other chains such as NPC and STONKS.
Statistical time: Based on the listing time provided by the “Moonshot Listings” account, the token prices after 5 minutes, 1 hour, 4 hours, 24 hours, and the current price (11:00 on October 22, Beijing time) were recorded.
Special cases: Since it is not possible to obtain the exact second when the listing announcement was released, the starting price is taken from the opening price of the 1-minute candle, and the prices after 5 minutes are taken from the closing price of the 1-minute candle.
Listing effect review:
The statistical results of prices in each time period are as follows:
It can be clearly seen that there is a significant “listing effect” within 5 minutes after the listing announcement is made, with an average increase of 14.7% in the first 5 minutes. The longer the time, the more significant the differentiation.
In addition, if we exclude GOAT, the average increase from 5 minutes to 24 hours is actually increasing, but the cumulative increase since the listing has dropped sharply.
Short-term listing effect is obvious
The following figure shows the 5-minute price increase of each token listed on Moonshot, arranged from left to right according to the listing order. It can be seen that except for XD, all have positive increases after the announcement.
After reviewing the candlestick chart, the author found a possibility of “announcement bots” automatically buying based on Moonshot announcements, especially for several small market cap tokens, where the 1-minute increase is more significant compared to the 5-minute increase.
The 1-hour increase chart is shown below. It can be seen that most tokens still maintain positive increases after 1 hour, but differentiation begins and several tokens start to move towards the 0 axis.
No mid-term listing effect
The 4-hour increase chart shows that half of the tokens have erased the increase and continue to decline, while Magnet, GOAT, GNON, and other tokens, which were originally leading tokens in their respective stages, continue to rise, indicating that the listing of Moonshot is not the fundamental reason for the increase.
The 24-hour increase chart is shown below. Slop and Shoggoth are included in the chart despite not being listed for 4 hours. It can be seen that the differentiation of token increases becomes more evident, and it can be generally determined that the listing or non-listing of Moonshot has no direct relationship with the medium-term increase of tokens.
Long-term will eventually return to zero
The following chart shows the cumulative increase of each token from the listing announcement until now. GOAT is not included in the chart due to its large increase. It can be seen that most tokens tend to return to zero. This is mainly because the tokens listed on Moonshot are meme tokens, which are difficult to attract attention and establish core consensus in the current flood of similar tokens, leading to their return to zero.
In conclusion, Moonshot listings can only serve as a short-term reference indicator. Whether tokens can continue to rise in the short to medium term has no relation to Moonshot.
In addition, after reviewing, it was found that Moonshot listings are usually conducted in the evening and early morning Beijing time. The listings mainly focus on popular tokens with market caps around 10 million. Readers who focus on trading during this period should pay attention to short-term opportunities.
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