Binance Alpha has become a reality, and it is now creating various wealth effects on the alternative chain meme.

I used to think that the wallet was poorly designed and that there wouldn't be any users, but now, with the improvement of the wallet experience and the continuous emergence of projects with high multiples, it has attracted a large number of users.

Multiples speak:

MYX launched on Alpha at 0.13, reaching now 16, with a peak of 18, almost 100 times.

STBL launched on Alpha at 0.012, reaching a high of 0.23, now at 0.12, also nearly 10 times.

Data speaks:

The Alpha single module on Binance has an average daily trading volume of 4 billion USD, far exceeding the leading CEX exchanges.

As of September 4, CoinmarketCap has recorded a total of 274 token projects listed and traded on Binance Alpha.

177 tokens have conducted TGE/airdrop/Booster activities, accounting for 64.6%.

Among them, 26 have entered the spot market on the main Binance site, accounting for 14.6%, and 77 have been listed on the contract market, accounting for 43.5%.

User earnings:

Just earn money by participating.

Binance has currently distributed 120 Alpha project airdrops and held 40 TGE events, among which the single-period earnings calculated at peak prices for tokens like MYX, M, AIOT are as high as 9053 USD, 2114 USD, and 1051 USD respectively.

Project party profits:

Mainly from the increase in TVL and real users; a lot of users have really come in.