Hi everyone,
1/ Who determines the price of a token at launch?
For example, the SUI token cost a few cents in pre-sale and was listed at almost $1.50 on the Binance listing
The team itself who determine the price at the token launch and after the token already launched. Market will decide what will be the suitable price for the token when it has been actilve traded.
2/ In your experience, is it a good idea to buy a chip the second it is listed for a profit?
Thanks for clarifying.
As long as the token already dumped so hard and why not? The main thing if is you shall always try to do your own research. Think about that. If you are thinking that token was undervaled and just buy it.