Many coin friends like to buy newly launched coins. There are many coins that took off as soon as they were launched. Here are a few examples:
ICP’s price on the exchange was $100, and it soared to $1,555 on the same day, a 15-fold increase.
APE, the price on the exchange was $1, and it soared to $28 on the same day, a 28-fold increase.
There are too many such cases, but they all have some common points.
You can basically not buy the price on the exchange, and they will reach a peak in a very short time, which is basically within a few minutes.
You said they have never taken off, but they really have taken off, but they only glide on the ground for a very short time, then go straight up, and then go straight down.