How are you all? I hope you are all doing well, today I will talk about why you should avoid pre-market coins! What is a free market? And how does it work? We all know how to buy and sell in a previous post, Basically, before a coin is launched in a coin market, that coin is unofficially bought and sold, as we all know that before it comes to a coin market, every coin has an airdrop and the coins from that airdrop, if you want, before you get the tokens in advance, you can sell the coins here at a pre-price, And this is called the pre-market, now many people think that the price in the pre-market is a demo price, many people think that if the coin comes to the market, then the price of the token may double,
But I have noticed that lately there are so many tokens in the pre-market, and when that token comes to the market, it becomes a challenge for the token to be at the price that was in the pre-market, but if we look at the supply of that token, we can see that the supply is limited, the price of that coin as a supply is very low,
And today we will know why this happens,
Currently, most of the projects that are coming to the market do not have much as a backup fund, the liquidity is very low and because of such low liquidity, the coin does not have the expected price. Even because of low liquidity, the price of the coin gradually started going down. At one time, we noticed that the price that was in the pre-market has become half of what it was. Now we thought that the price that would be in the pre-market would be double, it is going down and becoming half, due to which those who bought and held coins hoping to make more profit from the pre-market have suffered huge losses,
Many people hold coins because they see that the supply of coins in the pre-market is very low, thinking that if this coin comes to the market with a very low supply, there will be a very good price but it is completely the opposite,
So be careful before buying any coin from the pre-market. If you want to buy any coin from the pre-market, then first learn about that project. Know all the information. It is very important to know how their funds are before coming to the market because currently the price of new coins starts based on the backup fund,
Because anyone can create a coin, many unscrupulous people create tokens to cheat, launch them in the market, but at some point they sell their own tokens in the market and run away,
And these cheaters do not keep much fund backup, so how advanced a project is depends on their fund backup,
So try to stay away from pre-market coins from today,
I hope everyone understands why I told everyone to stay away from pre-market coins, so I am ending here today, everyone will be fine,
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