8. Investigate giveaways or incentives:

Determine if the project has distributed free tokens through giveaways or promotional events. Recipients of giveaways often sell their tokens as soon as trading opens, causing a flood of sell orders and dragging prices down.

Final thought: Should you buy right away?

My advice: Avoid chasing the coin immediately after launch. Here’s why:

Newly launched tokens are extremely volatile and often overpriced due to hype and the desire not to miss out.

Watch the price action for hours or even days. Let the market settle and a base price form.

Buying high can lead to significant losses as early investors sell their holdings.

Instead, be patient, watch the market behavior, and wait for a clear trend or strong entry point. Making a calculated decision will give you a better chance of making a profit in the long run.

In trading, patience is more rewarding than impulsive decisions. Trade