List the coin and buy in 2 seconds, "news trading" makes tens of millions in 10 minutes?

Author: Alex Liu, Foresight News

The theme of the afternoon on November 11 was "surge," and the hottest event in the morning was undoubtedly Binance listing two low-market-cap tokens, ACT and PNUT.

Before the news broke, the market cap of the ACT token was only around $20 million, but within 8 minutes of the listing announcement, the market cap skyrocketed tenfold. Who could buy the tokens right away and take advantage of this price surge?

According to Lookonchain monitoring, a savvy trader made over $3 million in just 1 hour by tracking newly listed tokens on Binance.

Within seconds of Binance announcing the listing of ACT, he spent 1,558 SOL (approximately $320,000) to purchase 10.9 million ACT, which is now worth $3.4 million, with profits exceeding 20 million RMB in just 10 minutes! (As of the time of Lookonchain's post)

However, some users raised doubts, claiming this was "front-running" or insider trading, as he bought the tokens 7 seconds before the Chinese listing announcement was made.

The allegations of insider trading sparked a huge discussion until the "Equation News" team stepped forward to claim the trade, explaining the reason for the faster purchase: the English announcement from Binance was quicker than the Chinese one, and they were monitoring the English announcement, executing the trade 2.4 seconds after the announcement was made.

The enormous profits are certainly enviable, and the special trading category of "news trading" has once again come into the spotlight. By writing scripts, renting servers, and programming automated trading systems, traders can monitor listings on Binance, Upbit, and other certain positive events, often reaping considerable profits by being "one step ahead." When encountering a low-market-cap token that increases tenfold, it is indeed a windfall.

Opportunities always favor the prepared. Vida, the founder of Equation News (better known by his online name "Post-00s Rich Generation"), is a well-known news trader, rumored to have achieved A9 in the last round through news trading. With technical expertise, his ability to buy quickly is no coincidence:

1. Study Binance's listing strategy:

Amid doubts about Binance's listing strategy, he summarized the following points:

• Tokens with high trading volume and community enthusiasm on OKX or Bybit, regardless of whether they are VC or Meme, are likely to be listed on futures first, as they do not want the liquidity of Binance users to create a wealth effect for other exchanges.
• MEME tokens with little trading volume on OKX and Bybit are likely to be listed on futures or spot, aiming to capture the traffic and good reputation from profit-making effects.

After making a significant profit from this "news trading," he did not forget to give a thumbs up to Binance's listing strategy under the tweet from Binance co-founder He Yi, which responded to the zero listing fee for ACT and PNUT.

• 2. Prepare tests for possible scenarios in advance

Traditional news trading has become very "intense," with operations like connecting dedicated phone lines and setting up offices near stock exchanges to gain every second of time advantage. While "news trading" in Web3 is also highly profitable, it has barriers that make it difficult for ordinary people to operate—such as the need for programming skills, writing monitoring scripts, and automated trading programs. A small mistake could lead to financial losses, and renting expensive servers is necessary to ensure timely receipt of news and purchases…

I hope the methods of "news trading" can inspire you, and I wish we all can make money in this bull market.