$PENGU to the moon

Let's talk about new listings.

Every time a new token is listed on Binance, you see some explosive percentages and posts talking about this "huge" gain

.

The reality is that when a token is listed, the first high and low prices are set as a reference point and do not represent the actual price fluctuations.

In the case of $PENGU, the low price of 0.004 is arbitrary (an arbitrary starting point).

If you want to see the actual initial value, you can go to the "Time" tab in the chart.

Last but not least, why do you think people are posting about "huge gains!" for new listings?

Let me know in the comments!