- Crypto analyst reveals that tokens listed on Binance in the last 6 months have recorded massive declines.
- $PEPE, $FLOKI, and $SUI form part of the highest losers, with each token dropping at least 50%.
- $WLD, $PENDLE and $ARKM also recorded substantial losses.
Tokens recently listed on crypto exchange giant Binance in the past 6 months have recorded losses within the last 6 months. Tweeting about the losses, crypto analyst DefiIgnas listed Worldcoin, Pendle, and Arkham, among other listed tokens that had seen massive declines in their token prices.
Per the report, $PEPE is the biggest loser, with over 60% lost in the last 6 months. The significant decline is, however, surprising, considering that Pepe Coin rallied in late June and early July, with the token adding massive gains.
However, since that short-lived bull run, the coin has struggled to hit a sustained run of positive performances. Data from CoinMarketCap show that the token had lost 5.48% and seen its trade volume decrease by 44% in the past 24 hours.
The SUI network native token $SUI has also suffered similar losses in the past 6 months. The Layer 1 blockchain and smart contract platform had launc…
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