Letās debunk the myths about Binance listings and insane gains like ā+2400%.ā Hereās how it really works:
š¢ The āThree Pricesā Binance Sets: 1ļøā£ Opening Price: Where actual trading begins.
2ļøā£ Low of the Day: Often linked to pre-market (ICO/seed price), not real-time trading.
3ļøā£ High of the Day: Can be random or based on market cap or other exchange data.
š The Misleading Percentages You See: Those eye-popping numbers reflect early investor gains (seed price to current price), NOT the prices regular traders see.
Example:
If the seed price = $1 and the opening price = $21.79, the gain (2400%) is from $1, not where you buy.
ā The Myth: āPeople Bought at the Lowā No one trades at the pre-market low because:
Itās pre-set and tied to ICOs.
Trading always begins at the opening price.
š§ Stay Smart:
Focus on real opening prices and project fundamentals.
Avoid getting trapped in unrealistic āhype trades.ā
š„ Why This Matters:
News pumps like these highlight opportunities but also risks. Knowledge protects your trades and builds confidence in decision-making.
Look at todayās example: $VANA š
š +3332.7%
Real trading starts at opening, not the ālowā listed!
Trade smart. Stay sharp. š”
Disclaimer: Includes third-party opinions. No financial advice.