Unfortunately, there are launch mechanisms where the loss for the user is calculated. Not all coins are like this, but it is real.
I will try to explain here in a very simplistic way:
A project launches a coin with a supply of X, which is about 10% of the real supply, then this project funds a mass launch, meaning that when business starts, the project is overvalued because it has a quotation of Y, but for the supply X, the remaining supply does not count.
For those who don't know, it was this type of math that broke the now-defunct FTX exchange, where they calculated non-circulating supply in their balance sheet, meaning money without value because it did not enter market transactions; the exchange was insolvent.
Not all coins start business like this, but those that do will generate losses because the math is negative for the user and positive for the project. In this type of launch, there is no exponential power of real growth because you do not participate in growth as a user.
When I see posts from people excited about this type of launch talking about how it will go to the moon and blah blah blah, I honestly judge that person internally and think, another blind person guiding another blind person.
