Data: Over 80% of the tokens launched on Binance in the past six months have shrunk

ChainCatcher news, according to Cointelegraph, over 80% of the tokens launched on Binance in the past six months have shrunk.

According to analysis, among 31 tokens, only 5 tokens have appreciated, including the new memecoin (MEME), Ordi token (ORDI), Solana-based Jupiter (JUP) and Jito (JTO), as well as Dogwifhat (WIF).

A researcher using the pseudonym Flow stated, "Tokens launched on Binance often cease to be investment tools— all their potential for appreciation has been stripped away. Instead, they represent an exit liquidity for insiders who take advantage of retail investors' lack of access to quality early investment opportunities."