What Are Pre-Markets? || What Are Crypto Pre-Markets?

Pre-markets refer to the trading activity before the official trading hours. They typically occur in the early morning hours, leading up to the opening of stock exchanges like the New York Stock Exchange (NYSE) and the NASDAQ. It’s worth noting that pre-markets might not always be available for all listed stocks.

Pre-market trading can provide insights into market sentiment and potential price movements based on activities, such as earning reports or macroeconomic events, that occur after the previous day's close.

Since the crypto markets operate 24/7, the term pre-market has a different meaning. Crypto pre-markets refer to trading platforms where investors can trade tokens before they are officially launched or distributed to the general public.

Typically, traders use crypto pre-markets to speculate on the value of tokens, buying and selling based on their projected worth post-launch. However, crypto pre-markets are not limited to tokens. In some cases, they allow the trading of "protocol points" that might serve as criteria for future airdrops.

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