@thaliafvc
The first exchange listing is a critical moment for airdropped tokens, often leading to extreme volatility. Decentralized exchanges usually experience the highest price swings due to thin liquidity and low barriers to trading. Centralized exchanges, especially smaller ones, also see rapid movements as traders rush to capitalize on early opportunities. Large exchanges with deep liquidity, like Binance or Coinbase, tend to stabilize prices more quickly but can still experience sharp fluctuations in the opening hours. Understanding the dynamics of each platform helps traders develop strategies. Some prefer to sell immediately to lock in profits, while others wait for stabilization. Risk management is essential during this highly unpredictable phase.