Let’s bust some myths and dive into how those jaw-dropping percentage gains actually work when new coins list on platforms like Binance. Here’s the REAL story you need to understand 👇
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🔢 The “Three Prices” Binance Sets Before Trading Starts
1️⃣ Opening Price: The price where trading officially begins.
2️⃣ Low of the Day: Usually tied to the ICO/seed price. This isn’t an actual trading price!
3️⃣ High of the Day: Based on previous market cap, price on other exchanges, or sometimes random data.
⚠️ These numbers are determined before trading begins and are NOT actual buy/sell prices!
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📈 The Misleading Percentages You See 📊
When you see wild gains like “+2400%”, here’s the truth:
The percentage is calculated from the low price (ICO price) to the current price.
The “low” represents what early investors paid (not retail traders).
Example:
Low Price: $1 (Seed Price)
Opening Price: $21.79
The gain of 2400% is based on that $1 seed price—not what you or I paid. 🤯
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❌ The Myth of “Buying the Low” 🤔
Here’s the deal:
Nobody can buy at the low or sell at the high at launch.
The low price is just a pre-market reference tied to ICO rounds.
The high price is often a random metric or based on other exchanges.
Everyone starts trading at the Opening Price set by Binance.
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💡 What REALLY Matters in New Coin Launches:
Stop chasing misleading percentages and focus on:
✅ Opening Price: Where actual trading starts.
✅ Market Cap: Check if the valuation is reasonable.
✅ Liquidity: How easy it is to buy/sell the coin.
✅ Fundamentals: The project’s real value and potential.
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🚨 Today’s Example: $VANA 🚨
Price: $33.35 📈
Gain: +3235.9%
But remember: That percentage reflects profits for early investors, not buyers at launch.
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Stay Smart, Stay Informed, and Trade Wisely! 🧠📊
Understanding how new listings work gives you the edge to make profitable and informed decisions.
🔗 #CryptoTrading #NewListings #BinanceLaunch #TradingEducation