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MTL — Binance listing performance

MTL began trading on Binance on 2019-08-23 at a first price of 0.45. It peaked at +8.9% 3 days after listing, then settled to -32.7% a month in. Today MTL trades -42.2% versus its first print — below its listing price.

Below listing price -42.2%

Listed on Binance	2019-08-23
First print (listing $)	0.45
Peak pump	+8.9% (3 days after listing)
After 24 hours	-12.8%
After 7 days	-11.6%
After 30 days	-32.7%
Today	-42.2%

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How to read this

"First print" is the open of MTL'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. MTL's numbers above are factual history, not a prediction.

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