Having experience with $tst
@binance started managing expectations with its spot trading listing.
When everyone was betting on the Chinese sector, and Binance Life was full of expectations and had a bunch of top performers,
they preferred to list $giggle, a stock with a more compelling narrative.
(It tanked the night before, leaving everyone questioning their lives.)
That's why I'm only holding $giggle this weekend.
So, guess what they'll do now? (The following is pure speculation.)
Still, put Binance Life last (largest market cap + most expectations).
List other Chinese stocks first (especially Jimmy's), let Binance Life plummet and the top performers get off the board. Only then will there be room for a pullback.
But I don't think it will happen that quickly. Jimmy's is only halfway through. At least we have to give the cat an injection and make it sick first before we have a chance.