#SECCrypto2.0
I recently participated in the $NIL token launch and learned some valuable lessons:
1. *The Myth of Opening Prices*: The initial price of $0.40 was short-lived, and by the time I could buy, it had already surged to $0.95. This highlights the disconnect between opening prices and retail traders' experiences.
2. *Bots Dominate Early Trading*: High-frequency trading bots and whales control the early moments of a token launch, driving up prices before manual orders can be executed.
3. *The Illusion of Gains*: The apparent 120% increase from $0.40 to $0.97 fueled market excitement, but for most traders, this spike was a barrier to entry, not an opportunity.
