💡 $VANA : Clearing Misconceptions About New Listings 🚀
When a new coin like $VANA launches and shows a 2400% increase, many believe people bought at $1 or $25.70—but that’s not how it works. Let’s break it down:
📊 How Binance Lists Coins:
1️⃣ Three Prices Before Launch:
• Low: Usually the ICO or launchpad price (e.g., $1).
• High: Random or based on CMC if traded elsewhere (e.g., $25.70).
• Opening Price: Where trading begins (e.g., $21.79).
2️⃣ The Percentage Shown: Reflects the difference between the ICO/launchpad price and the current price—not what anyone paid after trading began.
📢 Key Takeaway:
No one buys at the listed "low" or "high" during launch. Everyone starts trading at the opening price. Don’t let inflated percentages mislead you—understand the process and stay informed.
