I also looked at Binance's new coins.
Let's put it this way. It's much better and you can make money.
That is, at least it gives everyone the opportunity to make money through secondary gambling.
But these new coins from OKX really don't give you any chance to escape.
They dive down every day.
Why use the closing price on the first day?
Because this is the true portrayal of most people.
If you use the ATH time to calculate, that is, the time when the historical highest point of the coin price was born.
Most of OKX's new coins meet the peak on the first day.
Binance's new coins basically have a wave of market trends afterwards.
