very good

Today, let's talk about the price logic of new coins. Why do some new coins rise and some fall after they are listed? What is the logic behind it? 1. If this coin comes from the primary market to the secondary market, then it can be almost confirmed that it is "peaking at the opening". A large number of people who bought it in advance are waiting to ship it after listing on Binance. In other words, as long as it is not a new coin first launched on Binance, it is best to stay away. 2. If the airdrop cycle of this coin is very long before, then there is a high probability that it will face selling pressure for several consecutive days after listing. The longer the airdrop cycle, the greater the selling pressure. Don't expect the Mao party to have any pattern. Their idea is the same as pledging BNB to receive the airdrop and immediately sell the airdropped coins for BNB. Take ZK as an example. This is only airdropped to a small number of people. There is still such a large selling pressure that can be sold continuously for several days. Imagine, if all are given, what will the price of this coin be smashed into? The longer the airdrop cycle is, the more famous the project is, and the harder it is to maintain the price of the coin. Using the power of the community to promote the project will eventually suppress the price because of the power of the community.
3. If this coin has pre-mining, such as io, it can be mined with graphics cards before it goes online. There will be a certain amount of selling pressure after it goes online, but after all, it still has costs. After the price is lower than a certain level, no one is willing to sell it. If the market trend is normal, it is normal to keep rising at the opening. It is best not to open a short position before 1x.
4. New coins that can only be obtained by staking bnb and are first issued by Binance. After this kind of listing, there will be a short-term selling pressure. Go long at the position of the 1-4 hour retracement. Regardless of whether the market rises or falls, you are safe. The market rises, it soars. The market falls, it does not fall. The reason is: there is no large shipment. If it falls, someone must have a large amount of goods. If there is none, how can it fall? It will take a few days for the price to fall. After a large number of people buy, the market falls and there is no hope of rising. People who buy in are afraid of being trapped if the price falls, so they sell in batches, and the price will fall. The logic is very simple. By comparing, you will know whether a new coin can be shorted and when to short it.

Many friends bought io and were trapped. Don't worry, you will get off the train in half a month at most.