The fact that a token is launched on Binance does not mean that it did not exist before, as is the case with $VELODROME .
Listing on major exchanges is the perfect opportunity for long-time holders who bought on other exchanges to dump.
Before you get carried away by tokens launched here, check out their pre-Binance history.
For example, VELODROME only starts to have relevant support at $0.17.
Every launchpad is a launch, but not every launch is a launchpad.