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Bitget: Altcoin Initial Listings Surge Up To 5,000% Amidst Bitcoin Rally

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This week, Bitget reported remarkable surges in prices on initial listings:

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We may be witnessing the dawn of an era for early low-cap gems, and the latest data supports this notion. According to a recent analysis by CoinGecko, since 2020, nearly half of the top 50 cryptocurrencies have reached their all-time high prices within just two weeks of their debut in February.

To illustrate the scale of this swift surge, consider the case of a 17-year-old crypto investor who reportedly earned over $1 million from the Solana-based Jupiter $JUP airdrop. This token saw a 500% surge since its listing on Bitget on January 31, as reported by Cointelegraph. CoinGecko findings suggest that holding a newly airdropped crypto token for more than 14 days often results in missing the opportunity to sell at all-time highs.

Amid such bullish market trends, the ability to find and invest in low-cap gems before they surge is paramount. And an essential step is to find a trading platform, which lists them earliest. $ORDI is another excellent example of first come, first served. When its trading price was $25.3 in May of 2023 it was already listed on Bitget. With its lowest point being $2.86 in September, it allowed traders to buy at the lowest. Almost 8 months later $ORDI was finally listed on Binance at $7.38 on November 7 and steadily climbed to $81.18 as of March 4, 2024.

  • $GPT soared by 4,430% in just one week following its listing on February 28;
  • $PIXEL experienced a 5,500% growth in just 2 weeks since its listing on February 19;
  • $ALT saw a 4,600% increase since its listing on January 25;
  • $FIRE surged by 1,920%, and $ZETA by 1,521%, since their listing on February 2.

Historically, Bitcoin’s price has served as a beacon for predicting optimal buying opportunities during market lows, and currently, that beacon shines bright with hope. Just this Monday, Bitcoin surged above $66,000, reaching a two-year high as a surge of cash nearly sent it to its all-time low. However, only time will show if the bull run is really here.

 

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