Hey, Have You Ever Been Dazed When Seeing a New Coin's Listing Price Increase by 500%?
In fact, who among us hasn't experienced being "stunned" when seeing those numbers? Just this morning scrolling through Binance, I saw a new coin like $WLFI skyrocketing by 54%. Immediately, you think: "Oh my God, someone bought in at the lowest price and made a fortune already!"
That feeling is both admiration and regret, right?
But to be honest, that is one of the biggest optical illusions you’ve ever encountered.
The Truth Behind Those "Terrifying" Numbers
When a coin gets listed, Binance has to display three prices: the opening price, the highest price, and the lowest price. The lowest price you see—like $0.20—is not the price that anyone could buy at when trading opens.
So where does that price come from?
It’s usually the price that pre-sale or Launchpool participants bought beforehand. That means they got the coin at an extremely low preferential price, sometimes just 1/1000 of the listing price.
Did you know that $WLFI 's pre-sale price was only $0.015? So the $0.20 price you see on the chart is just a representative number. When official trading opens, everyone starts buying and selling at the same price level (e.g., $0.29). No one can buy at that $0.20 price.
Next time you see a new coin skyrocketing, stay calm and remember: that’s not a race you can join from the starting line. It’s a match that has started long ago.
Be wise and invest strategically!