2025 Binance Listing full performance

Binance listing 2025: the full price action

In this chart, you can see the price action of all tokens listed in 2025.

• X axis shows the days after listing
• Y axis shows the percentage change from day 1

There are some caveats, let's break it down 🧵

1/ Did You Really Have Zero Chance of Making Money?

Let's make some hypotheses:
• You are a perfect trader who knows exactly when the top is and can sell at the peak.
• You can only trade using Binance.
• You can only buy on day one.

The green lines represent tokens where you had a chance to make money.
Even under these incredibly favorable conditions, the win rate is only 37%.

2/ Yeah, but it's a bear market, everything is dumping

To solve this problem, I decided to divide the token price by the price of BTC. This way, BTC serves as a benchmark, and the price change is measured relative to holding BTC rather than in absolute terms.

The outcome remains the same. Tokens that performed poorly against USD have a similar performance against BTC.

As a small reminder, BTC is down 12% since January 1, 2025.

3/ Yeah, but BTC it's the king, try it with Ethereum!

Challenge accepted. I tried the same analysis with the most hated coin on Crypto Twitter.

It may seem like holding Ethereum means financial ruin, but in reality, you outperformed 81% of Binance listings.

4/ Conclusion

Even when we analyze it further, it still seems VERY unlikely that you can make money by buying coins on Binance.
There are several reasons for this:
• Binance is likely charging significant listing fees, even if they deny it.
• For some memecoins, the entire narrative is built around "we are going to get listed on Binance". Once the listing happens, the hype fades and the cycle ends, marking the top of the ponzi.