The newly launched tokens are quite friendly to retail investors, and provide retail investors with the opportunity to obtain chips at a lower cost through the pre-market trading mechanism.
In detail, the Binance Launchpool launched by Binance is not an ordinary spot transaction, but a pre-market transaction (Pre-Market). The characteristic of this trading method is that the seller can sell without restrictions, but the buyer can only buy a maximum of 2,500 $SCR. Such a rule setting leads to a relative lack of buying orders. Due to the lack of market makers, large investors are accustomed to selling at the market price at the opening, but they find that the buying capacity is insufficient, causing the price to fall to a very low level. When they realize that the price has fallen, they want to buy again, but find that they can only buy back 2,500 $SCR. This situation is not a system error, but due to the failure to understand the new trading rules. Such rules are actually conducive to retail investors to obtain chips at a lower price before the official trading begins, changing the situation in the past where retail investors can only take over at high prices.
Therefore, for retail investors with multiple accounts, they can take advantage of this opportunity to hoard 2,500 $SCR in each account, thereby obtaining favorable chips before the official trading begins. This is undoubtedly a positive signal that retail investors have the opportunity to gain more participation and benefits in this $SCR issuance.
