📰Announcement:📈📉 New Token Launch Alert!❗
🖋️When a new token debuts on the exchange, follow these guidelines:
1. 🔎Investigate whether there was an ICO and its initial price.
2. 📊Determine the total and circulating supply upon launch.
3. 📱Identify their focused tech sector (e.g., AI, gaming, layer 1/2).
4. 📈📉Compare the ICO price with the launch price.
5. ⏳Be wary of high market caps, especially exceeding $400M.
6. 💵Ensure the launch price isn't excessively higher than the ICO price.
7. 🔍Research if the token is new or already traded on other exchanges.
8. 💸Check for any free airdrops or launchpools.
Advice:
- Avoid immediate purchases post-launch.
- Monitor price action for several hours.
- Allow the coin to establish a base price.
- Make decisions based on thorough research.
Keep learning and stay tuned for updates!