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LTC — Binance listing performance

LTC began trading on Binance on 2017-12-13 at a first price of 272. It peaked at +34.9% 6 days after listing, then settled to -14.3% a month in. Today LTC trades -83.4% versus its first print — below its listing price.

Below listing price -83.4%
Listed on Binance2017-12-13
First print (listing $)272
Peak pump+34.9% (6 days after listing)
After 24 hours+0.1%
After 7 days+11.3%
After 30 days-14.3%
Today-83.4%
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How to read this

"First print" is the open of LTC's first daily candle on Binance — the earliest price the public could trade. "Peak pump" is the highest price in the 30 days after, versus that first print. New listings are among the most volatile assets in crypto: many spike hard early on hype and thin supply, then give much of it back. LTC's numbers above are factual history, not a prediction.

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