Let’s debunk some myths about new coin listings and those eye-popping percentage gains you see when a coin is launched on Binance. Here’s the real story behind the numbers:

🔢 The “Three Prices” Binance Sets Before Trading Starts

When Binance lists a new coin, three key prices are set before trading begins:

1. Opening Price: This is where trading officially starts.

2. Low of the Day: Often linked to the ICO/launchpad price, but not the actual trading price.

3. High of the Day: This can be random or based on other exchanges’ prices.

Note: These prices are set before trading starts—they’re not what you’ll actually be buying or selling at when the market opens.

📈 The Misleading Percentages

When you see percentages like “up 2400%,” here’s how it works:

• The gain is calculated from the low price (typically the ICO/seed price) to the current trading price.

• This reflects the profit early investors made during the ICO or seed round.

Example:

• If the low price is $1 and the opening price is $21.79, the 2400% gain is based on the $1 seed price, not the price regular traders paid.

❌ The Myth: “Someone Bought at the Low”

It’s impossible for anyone to buy at the “low” or sell at the “high” on launch day. Why?

• The low price is often a pre-market figure tied to the ICO, not the actual market price.

• The high price can be random or influenced by market data from other exchanges.

• Everyone starts trading at the opening price set by Binance.

🧠 Why This Matters

Don’t fall for the wild percentage gains or think people are cashing in on the “low prices.” Focus on:

• The opening price, where actual trading begins.

• The market cap, liquidity, and project fundamentals.

• Always stay informed and sharp to make smart trading decisions!

📊 Look at today’s example: $VANA – A perfect case to understand how the market reacts to new coin listings! 🚀

#Binance #Cryptoeducation🔥 #Write2Earn! $VANA
#VANA #CryptoTruths #newcoinlaunch