Binance, the world's largest cryptocurrency exchange, has promoted Alpha this year, allowing even users with low capital to enjoy new market opportunities. Actively engaged users can also achieve considerable returns after investing actively, which is why Alpha alone can record a single-day trading volume as high as 4 billion USD, far exceeding that of leading centralized exchanges.
Several data points are what I consider particularly worth paying attention to.
1. A large number of projects are linked to Binance
As of September 4th, CoinMarketcap has recorded a total of 274 relevant projects, among which 177 token projects have TGE / airdrop / Booster activities, accounting for nearly 65%. There are 26 projects entering the spot trading market of Binance, accounting for 14.6%, and 77 listed in the contract market, accounting for 43.5%. The daily trading volume has stabilized at 4 billion USD.
Two, user earnings are astonishing
As of the data on September 3, Binance has distributed 120 Alpha project airdrops and held 40 TGE events, bringing users earnings ranging from tens to hundreds of USD. Among them, MYX has set an astonishing record of peak single-item earnings exceeding 9,000 USD, and M has also surpassed 2,000 USD. AIOT has also achieved earnings exceeding 1,000 USD. In addition to high-point events, there are also activities like Booster, which only require 61 Alpha points to participate, bringing users earnings of tens to hundreds of USD every week. For emerging users lacking market capital, these are quite good options.
Three, the traffic amplifier of the project party
When the project party participates in Binance's events, it brings not only high exposure and high discussion but also directly reflects on market value. For instance, after the exclusive Mitosis Booster event launched, the TVL surged from less than 80 million USD to over 300 million USD, with participation reaching an astonishing 90,000 users, creating more opportunities for good project parties.
When Binance distributes profits to users, the happiest are still us users.
