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✨Thousands of $RLUSD Trustlines are being activated every minute, with billions of $RLUSD flowing in. Exchanges are gearing up –
$XRP
is about to skyrocket! 🚀
XRP to MOON 🔥
#RLUSDApprovalBoostXRP
$XRP
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Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado.
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Ripple CTO: RLUSD is Expected to be in Low Supply at the Beginning of its Launch
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🔥New Ethereum-based memecoin $CULT hit a peak FDV of $845M on launch day, stabilizing at $630M shortly after. 💎FDV gives insight into a token's total potential value—$CULT's numbers are making waves. 🐱Mogcoin ($MOG) claws its way to the top, dethroning Popcat as the largest cat-themed coin with a $1.46B market cap, clinching the #9 spot on the meme coin sector! 📊$CULT and $MOG are shaking up the meme world! ⭐️Boost Channel Follow @Akuma Crypto #BinanceAirdropsCATandPENGU
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There’s a common misconception that I’m going to clear up for you today. When a new coin launches, and you see a percentage increase based on the low of the first candle and the current price, like $VANA being up 2400%, many people believe that some individuals bought it at $1 and others at $25.70. Here’s the truth: When Binance adds a new coin, they must provide three prices before trading begins: 1. Opening price 2. High of the day 3. Low of the day For example, #VANA had a low of $1, a high of $25.70 on the first candle, and an opening price around $21.79. The low price is typically based on the coin's ICO or launchpad price, while the high is either random or based on CoinMarketCap if the coin is already trading on other exchanges. Sometimes, both the low and high are arbitrary numbers, depending on the market cap at the time of launch. The percentage you see is simply the difference between the ICO/launchpad price and the current market price. It reflects the returns made by ICO or seed investors. As I mentioned, Binance has to set those three prices before trading starts, so there’s no way anyone bought it at $1 or $25.70 when trading began. Everyone buys at the price where trading starts. Don’t be impressed by these numbers. Understand how things actually work—it’s important. Stay informed! $VANA #VANAOpening
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