After trading in the secondary market for a while, I opened the Binance wallet to take a look at the so-called #币安Alpha上新 primary market, and it was truly astonishing.

The yyds coin, which went online at 3 PM on the 26th, rose from 2 dollars ⬆️ to 13,000 dollars in just 9 hours by midnight (⊙o⊙)

I can't even calculate the growth rate; it's simply incredible! Unfortunately, I don't understand it well enough to buy in. Holding a learning (and profit-seeking) attitude, I looked at the market cap rankings, with π coin (Binance Chain) in first place and this yyds in second.

This circle is, I can only say, more brutal than the usual secondary market. Brothers need to pay attention to two points:

1. Many coins spike crazily in the half-day before launching and then drop 99% in the second half, disappearing completely.

2. Many coins have the same name (only their logos are different), making the money-grabbing too obvious! One needs to distinguish clearly between the real and the fake, like the Trump coin from some time ago and the recent cz's dog barocoli.