Currently, new coins on the actual exchanges are not only being rejected by Binance users, but also by Upbit. As shown in the picture, there are four new coins that opened simultaneously on Upbit. Due to pre-market trading, the project team can spend a small amount to manipulate the pre-market price, making you feel that new coins with hundreds of millions in market value and tens of billions in FDV at opening are very cheap. In reality, they may only be worth tens of millions, and then the project team can directly sell based on the price anchored to the pre-market price until they sell out to a reasonable market value of tens of millions.