✅ First: Ways to launch new tokens
1. Airdrop (Free Distribution)
There is no pre-determined official price.
The price starts with the first public trade in the open market.
Example: TREE token, which was distributed for free to BNB holders before trading started.
2. Launchpad or Launchpool (Pre-funding)
A portion of the tokens is sold at a pre-determined price to certain subscribers.
Trading is then opened in the market, and the price is determined based on supply and demand.
Example: Tokens like SUI or ARB.
3. Direct Listing
Without a pre-sale or Airdrop.
Trading starts immediately, and the first price is determined by the buy and sell orders entered by the market.
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⚙️ How is the price determined at launch?
🎯 First price = equilibrium between buy and sell orders
At the moment the market opens, the platform gathers:
Order type**content
Buy orders** How many people are willing to buy, and at what price
Sell orders.* How many people are willing to sell, and at what price
The first transaction occurs between the highest buying price and the lowest selling price.
This is called the "opening price" or "Initial Market Price."
🔁 After that, the free market takes care of the rest
Once trading starts, only supply and demand determine the price.
There is no fixed "official price" — the price rises and falls according to the willingness of buyers and sellers.
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🎓 Practical Example: TREE Token
1. TREE was distributed as an airdrop, meaning there is no pre-determined official price.
2. At the start of trading, people entered buy orders (e.g., people willing to pay 1.00 USD).
3. The people holding the tokens placed sell orders at different prices (e.g., 0.50, 0.70, 1.20...).
4. The first transaction occurred between the closest prices = this is the "practical launch price."
5. After that, the market decided the rest — if demand increased, the price rose, and if selling increased, the price fell.
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📌 Important Notes
The first price can be very high or very low depending on the excitement or fear of the token.
Smart projects sometimes provide initial liquidity to ensure price stability.
Some platforms like Binance do not intervene in the price but allow the market to automatically determine the price.
