How to interpret? Summary in one sentence - LaunchPool's value has been greatly improved
Binance is "the first trading platform to provide users with actual token trading during pre-market trading". The core difference is that although Bybit and other exchanges have pre-market trading, they are all futures, while Binance's approach is that the tokens of the new coin mining part can be circulated immediately! This means 👇
1⃣ New coin mining users can lock in profits immediately without waiting for the mining to end
2⃣ The mined tokens can theoretically be traded at a higher price, because the circulation of tokens is low, and airdropped tokens and other market-smashing forces cannot even be recharged
3⃣ Provides an anchor point for the official opening price of the new coin, and the previous opening price is too high/low to appear again
