{"content":"There is a big misconception in people and I'm going to clear your doubts today. When a new coin launched and it shows a percentage based on the low of that candle and the price where the market currently is like $WLFI is up 54% right now. The misconception is people think there are some people who bought it at $0.20 and some around $0.4780 or even sold at that price. When binance lists a new coin they have to mention three prices before the trading starts. Opening price High of the day Low of the day for example WLFI low is $20 and high of the first candle was $0.4780 and the opening price was around $0.29 the low is mostly based on that coin's ico price or the launchpool price and the high is either random or it's based on CMC if it is already trading on other exchanges. Sometimes both can just be random numbers depending on the marketcap at the time of the launch. So the percentage you see on screen could be the difference between the presale price or the low it may have made on other exchanges. With $WLFI its different because the pre-sale price was $0.015. So the price is coming from the low it made during the pre-market. like i said they have to add 3 prices before they launch there is no way someone bought it at $0.2 or $0.4780 when the trading was started. Everyone buys at the value where the trading starts. Do not get impressed or amazed by these numbers, know how these things work. it's important. Stay educated.","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/01/89ffc01fe8b03be21592765b39576b5c.png"],"tags":[],"tradingPairs":["WLFI/USDT"],"quotearticleid":0}