Recently there have been a craze and buy rush for any coin new listed on Binance but usually turns to a nightmare for those who FOMO too early. $MBL which was listed today because they won vote for community coin dumped from 59 sats to 30 sats within some minutes. This was the case with LTO too. My little advise to traders, (especially newbie traders) is to analyze properly before diving into buying a newly listed coin on Binance especially and other exchanges with such hype. Even if you must do, use tight SL and moreover there is no point chasing a moving train.
Fomo isn't only for newly listed coins, whether for newly listed coins or not, whether it is on Binance exchange or not, Fomo is not good neither is it adviced. Most times people might come across a trading signal, maybe from "experts" and might come across the coin price rising, most always throw caution to the wind and then fomo sets in; this is same is for any newly listed coins on top or major exchanges. I hope people will learn to seek the right things which will make them go after a coin rather than fomo which will only turn them to bag holders thus will end up selling at loss.