🚨 Understanding the $VANA Price Surge: Clearing Up the Misconception 🚨

The excitement around $VANA has been off the charts, with its price soaring by an astonishing +1945.2%! But there’s something important to clear up about how those price percentages work.

When a new coin like $VANA gets listed on Binance, the price changes you see aren’t as simple as just “buying at $1, selling at $25.70.” Here’s how it really works:

💡 1. Opening Price: The price when trading starts on Binance.

💡 2. High of the Day: The highest price reached during the first day of trading.

💡 3. Low of the Day: The lowest price, often tied to the ICO or early price points.

For $VANA, the low might have been around $1, the high touched $25.70, and the opening price could’ve been around $21.79.

So, while the percentage increase is eye-popping, it’s important to understand these fluctuations are based on trading dynamics, not just buying at the listed price. 📊

Stay informed, trade smart, and keep riding the crypto wave! 🌊

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