#BTC #Memecoins #GME #BlackRock $When a new token like Notcoin launches on an exchange, here's what you should do:
1. Check if there was an ICO and the sale price if applicable.
2. Determine the total and circulating supply at launch.
3. Understand the technology focus: AI, ecosystem, gaming, etc.
4. Wait to see the launch price compared to the ICO price.
5. Assess the market cap at launch; if it's too high, be cautious.
6. Ensure the launch price isn't significantly higher than the ICO price, and the market cap is below $400 million.
7. Check if the token is new or already traded on other exchanges.
8. Investigate if there was a free airdrop of the token, like with #notcoin .
My advice: Avoid buying immediately at launch. Instead, observe price action for a few hours and let the token establish a base price. Keep learning and stay safe! #notcoin