𝐂𝐥𝐞𝐚𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐂𝐨𝐧𝐟𝐮𝐬𝐢𝐨𝐧 𝐀𝐛𝐨𝐮𝐭 𝐍𝐞𝐰 𝐂𝐨𝐢𝐧 𝐋𝐚𝐮𝐧𝐜𝐡𝐞𝐬🔥👇👇💸

When a new coin like $VANA hits the market and shows a dramatic surge—say 2400%—it’s easy to misunderstand what’s happening. Many assume it means investors bought the coin at $1 and then others purchased it at $25.70. But that’s not how it works.

Here’s the reality: Before trading starts, Binance sets three critical price points for any newly listed token:

1. Opening Price

2. Daily High

3. Daily Low

In $VANA ’s case, the daily low was $1, the high reached $25.70, and the opening price was approximately $21.79. These values are not random but are determined by specific factors. The low often corresponds to the ICO or pre-launch price. The high can either be a reflection of data from external platforms, like CoinMarketCap, or arbitrarily calculated based on market cap. Importantly, these figures are set before trading begins, meaning no one actually purchases the coin at the lowest price ($1 in this case).

The enormous percentage gains you see are primarily a comparison between the ICO price and the current market value. These returns are typically achieved by early investors who participated during the seed or ICO phase. For regular traders, it’s essential to understand these mechanics to make informed decisions and avoid misconceptions when evaluating new coin launches.

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