Bijie.com reported: The effect of listing on Moonshot is evident within 5 minutes of the announcement, but differentiation occurs after 1 hour, and the short-term and medium-term gains are not related to Moonshot.
By Nan Zhi, Odaily Planet Daily
Recently, Moonshot, a meme trading platform, has gained popularity and has been praised by several posts on X platform as the “small Binance” on the chain, claiming that it solves the “last mile” problem of meme tokens and has a strong listing effect. (Note: The author reviewed 9 Moonshot introduction articles and found 6 of them with obvious promotional tendencies.)
So, does Moonshot really have a significant listing effect? If so, is it short-term or long-term? Odaily will analyze the data in this article.
Basic Information:
Statistical Objects: This article statistically analyzed 13 tokens listed on Moonshot in the past ten days, excluding tokens from other chains such as NPC and STONKS that crossed to Moonshot.
Statistical Time: Based on the listing time provided by the “Moonshot Listings” account, the token prices after listing were recorded at 5 minutes, 1 hour, 4 hours, 24 hours, and the current price (11:00 on October 22nd Beijing time).
Special Cases: Since it is impossible to determine the exact second when the listing announcement was made, the opening price of the 1-minute candlestick chart was used as the starting price, and the closing price of the 1-minute candlestick chart was used for the 5-minute price after listing.
Listing Effect Analysis:
The statistical results of the price changes in different time periods are as follows:
It is evident that there is a significant “listing effect” within 5 minutes after the announcement. The average increase in the first 5 minutes after the announcement is 14.7%. The longer the time, the more significant the differentiation becomes.
In addition, if GOAT is not included, the average increase from 5 minutes to 24 hours actually keeps increasing. However, the cumulative gain since listing has dropped sharply.
Short-term Listing Effect is Significant:
The following figure shows the price changes of Moonshot tokens within the first 5 minutes after listing, arranged from left to right in the order of listing. It can be seen that except for XD, all other tokens have positive gains after the announcement.
Based on the analysis of the candlestick chart, there is a possibility of “announcement bots” automatically buying based on the Moonshot announcement, especially for several low market cap tokens, where the increase in the first minute is more significant than the increase in the first 5 minutes.
The 1-hour gain chart is shown below. It can be seen that most tokens still maintain positive gains 1 hour after the announcement, but differentiation begins, and several tokens’ gains start to approach the 0-axis.
No Medium-term Listing Effect:
The 4-hour gain chart shows that half of the tokens erase gains and continue to decline. The three tokens Magnet, GOAT, and GNON, which were the leading tokens in their respective stages, continue to increase their gains, indicating that Moonshot is not the fundamental reason for the rise.
The 24-hour gain chart shows that slop and Shoggoth are included because they were listed for less than 4 hours. It can be seen that the differentiation in gains becomes more evident, and it can be generally concluded that the listing on Moonshot does not have a direct relationship with the medium-term gains of tokens.
Long-term Will Eventually Return to Zero:
The following chart shows the cumulative gains of the tokens since listing. GOAT is not shown in the chart due to its significant gain. It can be seen that most tokens tend to return to zero. This is mainly because Moonshot listings are mostly meme tokens, which are difficult to attract attention and establish core consensus in the current flood of similar tokens.
In conclusion, Moonshot listings can only serve as short-term reference indicators. Whether tokens can continue to rise in the short to medium term is not related to Moonshot.
In addition, after reviewing the data, it is found that Moonshot listings usually occur in the evening and early morning Beijing time. Listings mainly focus on tokens that are popular and have market caps around 10 million. Readers who focus on trading during this period should pay attention to short-term opportunities.
