š¢ The Truth Behind Crypto Launch Percentages: Understanding the Hype!
Ever seen tokens like $VANA flaunting insane numbers like +2400% and thought:
"Wow, did someone actually buy at $1 and sell at $25.70?" š¤
Letās break it down, so you're in the know:
š How Launch Percentages Work:
When Binance or any exchange launches a new token, they display 3 key prices before trading begins:
1ļøā£ Low Price ā Usually the ICO/Launchpad Price (e.g., $1).
2ļøā£ High Price ā The peak price during the first candle (e.g., $25.70).
3ļøā£ Opening Price ā Where actual trading starts (e.g., $21.79 for $VANA).
ā ļø The Reality Check:
No one bought at $1 or $25.70 when trading started. Everyone enters at the Opening Price. The massive percentages (e.g., +2400%) represent profits for ICO/Seed investors, not retail traders.
š” Why This Matters:
Flashy numbers are marketing optics to grab attention.
Price movement depends on circulating supply and demand dynamics.
š For #VANA today:
Current Price: $15.73
Daily Change: -6.94%
š Pro Tip: Stay informed, analyze the real metrics, and donāt get caught in the hype. Knowledge is your best tool in the market!
#CryptoEducation #CryptoTrading #VANA #BinanceAlphaAlert $VANA