$BTC

šŸš€ What to Do When a New Coin Launches on Binance! šŸš€

New token launches can be exciting, but if youā€™re not careful, you might end up being the one funding someone else's moon mission. Hereā€™s a smart strategy to navigate it like a pro (and not like the guy buying the top):

1ļøāƒ£ Check the ICO Price:

Was there an ICO (Initial Coin Offering) or presale? If yes, find out the sale price. Itā€™s your first clue to see if the launch price is inflated or fair.

2ļøāƒ£ Total Supply & Circulating Supply:

How much of the coin is circulating at launch vs. total supply? Low circulating supply + big total supply = possible future dump risk.

3ļøāƒ£ Identify the Sector:

Is it riding the wave of the latest trend? AI, Gaming, Layer 1/2, or some new buzzword? The trend can give you an edge, but donā€™t fall for shiny names alone.

4ļøāƒ£ Launch Price vs. ICO Price:

Hereā€™s the reality check ā€” if the launch price is 10x or more than the ICO price, guess whoā€™s cashing out? (Hint: Itā€™s not you.)

5ļøāƒ£ Market Cap at Launch:

If the launch market cap is pushing $500M+, take a step back. Itā€™s likely already overpriced, and early investors might be lining up to exit.

6ļøāƒ£ Free Airdrop Alert:

If people got free airdrops, theyā€™re probably looking for the sell button the moment it goes live. Watch for that sell pressure!

7ļøāƒ£ Is It Really "New"?

Sometimes, ā€œnew coinā€ isnā€™t so new ā€” itā€™s just new to Binance. If itā€™s been trading on other exchanges, check its price history.

šŸ“¢ My Personal Advice (Read This Twice!)

Donā€™t FOMO into the launch. Seriously, donā€™t.

Wait. Watch the price action.

Let it Build a Base. No base? No chase.

Make a Smart Move. Not an emotional one.

šŸš« Chasing rockets at launch is how astronauts get stranded.

šŸ’” Pro Tip: Be the hunter, not the prey. If youā€™ve found this post useful, feel free to sprinkle some love (you know what I mean šŸ˜‰). After all, good karma always comes back around.

Happy #PENGUOpening

#write2earn