This is truly the strangest bull market in history; strictly speaking, it is a coexistence of Bitcoin's bull market and altcoins' bear market, with Bitcoin always soaring while altcoins remain grounded. Institutional traders are making a fortune, while retail investors are being cut and trapped, leaving people at a loss.

Today, the big bull will summarize the new coins for everyone! Recently, new coins have been launched on major exchanges; understand them to avoid getting trapped! New coin launch: The truth behind the big bullish candles, can you really profit?

I heard that the new coin price surged 2450% from $1; doesn’t it seem like early investors made a fortune? Don't rush, the truth is not that simple.

When trading platforms launch new coins, they usually set three key price levels:

1. Lowest Price: Usually refers to the issuance price from the ICO or other exchanges, but you can hardly buy it.
2. Opening Price: The price at which actual trading begins, for example, about $21 for VANA.
3. Highest Price: The peak price of the day, for example, $24.78 for VANA.

These prices are not numbers you can buy at any time, but rather reference data set by the platform based on issuance price, market value, or even random settings. The so-called 'price increase' reflects the returns of ICO or seed round investors, but it has nothing to do with your actual buying and selling.

Truth Revealed

When you see the bullish candles and astonishing price increases, stay calm! The price has already skyrocketed by the time you can trade. Taking VANA as an example, the increase from $1 to $24.78 seems tempting, but this is just a comparison of early prices and market pricing; the vast majority of people can only buy after the increase.

So, don't be fooled by the surface numbers; understand the underlying rules to avoid blindly chasing after price increases!

Let's take a look at the recently launched VANA, CAT, and PENGU for comparison!

Take VANA for example; although the lowest price is marked at $1, this is derived from its issuance or pricing from other exchanges, and ordinary people can’t buy it at that price. After opening, it shot up to about $21, and even peaked at $24.78!

The price increase from $1 to $24.78 seems astonishing, but it actually has nothing to do with us. By the time you can buy, the price may have already multiplied several times or even a dozen times.

CAT is basically in the same situation!

Now looking at PENGU, this master’s operation is at a textbook level! Having learned from the lessons of VANA, this wave can be considered a profit.

This legendary trader performed a textbook operation of 'financial freedom', earning 36,984 $SOL (approximately 8.36 million dollars) in less than 20 minutes on $PENGU!

$PENGU just launched, and he decisively made his move, buying 239.6M $PENGU for 23,742 $SOL (5.36 million dollars), and then selling it for 60,726 $SOL (13.72 million dollars)!

This precise buying and selling wave is nothing short of perfect! The steady and ruthless operation makes one marvel, this is a true 'legendary trader'!