The Truth Behind Crypto Launch Percentages: Know the Numbers!
You’ve probably seen new tokens like $VANA showing wild percentages like +2400% and wondered:
"Did some lucky folks really buy at $1 and sell at $25.70?"
Let’s clear the air. 🚀
When platforms like Binance launch a new coin, they MUST list 3 prices before trading even begins:
1. Opening Price – This is where actual trading starts.
2. High of the Day – The peak price of the first candle.
3. Low of the Day – Typically based on ICO or launchpad prices.
For #VANA:
Low: $1 (the ICO/Launchpad Price).
High: $25.70 (market hype or other exchange data).
Opening Price: Around $21.79.
Important Fact:
Nobody bought at $1 or $25.70 when trading started. Everyone enters at the opening price. The huge percentages (e.g., +2400%) reflect the profit ICO or Seed investors made relative to today’s price.
These flashy numbers are marketing optics, not magic. Don't get caught up in the hype; instead, understand the mechanics behind these moves.
Why Does This Matter?
Because when more coins are added to the circulating supply, prices can rise or drop depending on demand and market cap.
Stay Educated. Stay Smart.
Disclaimer: Not financial advice. Includes third-party opinions.
This approach simplifies complex information and positions you as a trusted expert. Let me know if you need further refinements!