On binance when a new coin launches, Here is what you should do when a new token launches on exchange
1- Find out if there was an ICO (initial sale) for the coin. If there was any what was the sale price.
2- What will be the total supply of the coin and how much is circulating at the time of launch.
3- What sector of the technology they're focusing on? is it Ai , ecosystem, gaming ,layer 1 or 2 or any other crypto narrative.
4 - Once you get all the info wait and see at what price the coin is launched. Compare the gap between the ICO price and the launch price.
5- What's the marketcap of the coin at the time of launch. If it's too high it's not worth buying right at the launch. it's most likely launched at higher prices and people who got the presale or free airdrops will rush to cash out.
6- Make sure the price is not too high from the ico price and marketcap is less than $500 million.
7. Find out if it's a new coin or already trading on other exchanges.
8. Find out if there was a free airdrop of this token.
Once you find out all of these details. Now ask yourself should i chase this coin right after it launched or not?
My personal suggestion to you : Don't even buy a coin right after it launched
- Watch the price action for a few hours
- Let the coin build a base price.
-Make your decisions .
Happy #LearningTogether #learn2earn

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**Beginner's Guide: How to Earn Your First $100 in Crypto!** 💼🚀
1. 💹 **Buy and Hold:**
- **Strategy:** Invest in promising cryptocurrencies and hold for long-term growth.
- **Tools Needed:** Accounts on reputable exchanges like Coinbase or Binance, and a secure wallet.
2. 🔄 **Trade Cryptocurrency:**
- **Strategy:** Engage in short-term trading to capitalize on market fluctuations.
- **Tools Needed:** Access to a trading platform and basic market analysis skills.
3. 🌱 **Staking:**
- **Strategy:** Earn rewards by holding certain cryptocurrencies and participating in staking.
- **Tools Needed:** Staking-compatible wallet and staking-supported cryptocurrencies.
4. 💼 **Freelancing in Crypto:**
- **Strategy:** Offer services in exchange for cryptocurrency payments.
- **Tools Needed:** Portfolio of work and platforms accepting crypto payments.
5. 🎁 **Participate in Airdrops:**
- **Strategy:** Join new projects offering free tokens through airdrops.
- **Tools Needed:** Stay informed about airdrop opportunities via platforms and social media.
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Start your crypto journey with these strategies and aim for your first $100! Remember to assess risks and make informed decisions. regards

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