*New Token Launch Alert!*
When a new token hits the exchange, follow these steps:
1️⃣ Check if there was an ICO (initial sale) and the sale price.
2️⃣ Find out the total supply and circulating supply at launch.
3️⃣ Identify the tech sector they're focusing on (AI, ecosystem, gaming, layer 1/2, etc.).
4️⃣ Compare the ICO price to the launch price.
5️⃣ Check the market cap at launch (avoid high market caps, especially above $400M).
6️⃣ Ensure the price isn't too high compared to the ICO price.
7️⃣ Research if the token is new or already trading on other exchanges.
8️⃣ Check if there was a free airdrop or launchpool.
*My advice:*
- Don't buy immediately after launch
- Watch price action for a few hours
- Let the coin build a base price
- Make informed decisions
*Keep learning, stay posted for more updates!*