Let's debunk a common misconception about new coin launches:

 

When a new coin like #STRK shows a percentage increase, it's not about individual buyers getting in at different prices like $0.2 or $7.7.

 

Before trading starts on Binance, three prices are set:

1. Opening price

2. High of the day

3. Low of the day

 

For instance, if $STRK's low is $0.2 and high is $7.7, with an opening price around $3, the percentage you see reflects the difference from the ICO/launchpad price to the current market price.

 

Everyone buys at the same starting value, not at extremes. Stay informed, don't be swayed by flashy numbers. Education is key.

 

#CryptoInsights #StayEducated 📚