Sight beyond sight
--
$PENGU
Let's talk about new listings.
Every time a new token is listed in binance you see some explosive percentages and posts talking about this "huge" profit.
The reality is that when a token is listed, the first Upper and Lower prices are set as a point of reference and do not represent actual price fluctuations.
In the case of $PENGU the low price of 0.004 is arbitrary (a random starting point).
If you want to see the actual starting value you can navigate to the Time tab in the diagram.
Last but not least, why do you think people post about the "HuGE PrOFits!" of new listings?
Let me know in the comments!
Let's talk about new listings.
Every time a new token is listed in binance you see some explosive percentages and posts talking about this "huge" profit.
The reality is that when a token is listed, the first Upper and Lower prices are set as a point of reference and do not represent actual price fluctuations.
In the case of $PENGU the low price of 0.004 is arbitrary (a random starting point).
If you want to see the actual starting value you can navigate to the Time tab in the diagram.
Last but not least, why do you think people post about the "HuGE PrOFits!" of new listings?
Let me know in the comments!
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