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.
Honestly speaking, cryptocurrency market is unpredictable. Gone are the days when binance listing announcement do cause a sudden pump that will last weeks if not month. I know quite a number of traders who FOMO on $mbl and got burned real well. For sometime now, the volatility of the market has made it really difficult for traders to make good profit even after proper TA