Not correct at all
Most currencies are listed on the platform and are saturated with buying
As soon as it enters, there is strong selling pressure and it drops from the first moment it is listed
Therefore, no one buys the currency after listing, thinking that they are buying it as soon as it comes out
No, this is a wrong concept; the currency has already been traded on Alpha or Web3 for a long time and is saturated with buying. After evaluation and passing all stages, it is listed on the platforms, and as soon as it is listed, most initial traders sell, and the currency drops, and this is exactly what happens
$ETH $XRP $PUMP