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I looked at the "top gainers" list in my exchange app and noticed an obscure token ONSTON being up 3x, with a wick actually reaching 9x When will my bags do crazy shit like that? 😭
I check some coins that Kucoin announces will be listed. And tbh, the price of that coin usually pumps on the date of the announcement itself, not the date of the actual listing. In this case, you'd be buying when the pump from the news already happened. As for whether the pump continues on the actual listing day, it's a toss in the air. I can't confidently say that the majority pump like crazy on listing day itself. What I notice is that there's usually a ridiculously long wick on the first candle of the newly listed coin's chart, but if you zoom in, that overshoot in price happens in like 15 mins or less. Then it's just slight volatility around the price before listing day, until it gradually goes lower. If you have kucoin, you can look at ONSTON's chart for example. While I do remember some coins exhibiting the behavior you're hoping for (try looking at charts for DREAM, ZKT, or SWASH), these coins got listed on KuCoin last year, when majority sentiment is a bull run. But with this downtrend, after Nov 2021? I personally don't remember any coins going like this
Yesterday there was a lowcap called ONSTON, posted -90% (from 0.2+ to bottom of 0.0214) but recovered more than double with respect to bottom, went back to 0.07 after a few hours. Price at 0.056 right now, though, posting -64% past 24h I know it's very impractical, but imagine timing that bottom. Those who bought that and glmr bottoms were damn lucky for sure lol
So some new (I think) obscure lowcap coin called ONSTON just got nuked after being listed. From $0.19, it went to $0.022 just two hours ago. But now at $0.04. I'm not touching it but whoever bought that bottom two hours ago already has some sweet gains lol