Recently, the Crypto Assets market has seen a striking trend: the occurrence of new coins opening at a high premium during their listings is becoming increasingly common. This phenomenon is changing the traditional market dynamics and has sparked widespread discussion and reflection among investors.

In the past, the common phenomenon of airdrop crashes and price corrections after a new coin is listed seems to have become a thing of the past. Now, even after the airdrop is open for collection, we observe an interesting phenomenon: despite the active selling by airdrop recipients, the coin price shows an upward trend. This counterintuitive market behavior has left many investors confused, even raising doubts about the possibility of human manipulation in the automated market-making mechanism (AMM).

The last two projects have pushed this trend to the extreme. Their opening performances are astonishing, with FDV (Fully Diluted Value) directly reaching an astounding level of hundreds of millions of dollars. This pricing strategy raises the question: if new coins all adopt this model, how significant is it to closely monitor Alpha's opening?

This series of phenomena has not only changed investors' strategies but has also sparked in-depth reflection on the pricing mechanisms of the entire Crypto Assets market. As the market continues to evolve, investors may need to adjust their analytical methods and decision-making processes to adapt to this rapidly changing environment.

In any case, this emerging trend undoubtedly adds new complexity and uncertainty to the Crypto Assets market. It reminds us that in this highly volatile market, it is essential to remain vigilant and continuously learn. In the future, we may see the emergence of more innovative pricing strategies and market mechanisms, which will continue to challenge and reshape our understanding of the Crypto Assets market.