TGEs Are Back! How to Play a Token Launch Without Getting Burned.
The #BinanceTGEXNY tag is trending, and it's a reminder that Token Generation Events (TGEs) are a high-risk, high-reward part of crypto. A TGE is when a project's token is first created and distributed.
Here's a quick playbook for navigating a new launch:
Don't Buy on Day 1: The initial volatility is extreme. The price often pumps from hype and then dumps as early investors and airdrop recipients cash out.
Wait for the Dust to Settle: Let the chart establish an initial range. Look for a support level to form over a few days or weeks.
Check the Tokenomics: What's the fully diluted valuation (FDV)? How much of the supply is unlocked? A low float with a high FDV can be a red flag.
Follow the Smart Money: Use on-chain tools to see if established funds or smart traders are buying in after the initial launch chaos.
Patience is your best friend during a TGE.
#TGE #tokenlaunch #CryptoInvestment #altcoins #Airdrop
Coin Pair: Use the token pair for the actual TGE being discussed.