When a new token launches on major exchanges, you often see similar dynamics to traditional IPO pops. Here's what usually happens: projects price conservatively at launch to guarantee solid trading demand right from the start. This strategy does double duty – it creates momentum at open while simultaneously giving early participants an attractive entry point. The math is simple: undershooting the market demand builds confidence, gets people excited to grab coins, and sets up that explosive first trading session. It's the same playbook across both equities and crypto – conservative pricing isn't weakness, it's actually strategic positioning for maximum impact.