When a coin “goes live on PancakeSwap,” it means the token has been officially made available for trading on the PancakeSwap decentralized exchange (DEX).
🔍 What Happens When a Coin Goes Live:
1. Liquidity Pool Is Created
-
The project team (or anyone) adds the token and another asset (usually BNB or a stablecoin like USDT/BUSD) to a liquidity pool.
-
This pool enables swapping between the two tokens.
2. Trading Becomes Available
-
Once liquidity is added, traders can buy and sell the token on PancakeSwap.
-
This is often the first time the public can access the token if it’s a new project.
3. Price Discovery Begins
-
The price of the token is determined by supply and demand in the liquidity pool.
-
Early on, prices can be highly volatile due to limited liquidity and speculative interest.
