Another project that chose to go against the trend and surged amidst market fluctuations and even weakness through the Binance Alpha + contract path has emerged — FOLKS.
During the past weekend, in just 24 hours, $FOLKS
{future}(FOLKSUSDT)
the trading volume on Alpha approached 100 million USD. This is not just a small fluctuation driven by sentiment, but real funds continuously testing, competing, and increasing positions.
The price performance is even more outrageous.
Starting from 2.18 USD, in just over a month, it jumped up in a 'Mario-style', reaching a peak of 18.26 USD. What’s even more intriguing is that the cost for investors has not been unlocked and is only 1.7 USD.
It is quite different from the previous batch of purely 'pump-type new coins' on Alpha.
Behind FOLKS is a team that has genuinely received investments from Coinbase, OKX, and Jump, yet as of now, neither of these exchanges has launched spot trading.
The project itself started engaging in DeFi as early as 2021, and during the last bull market, it even received funding from multiple public chains, but it has stubbornly postponed the token launch to the end of 2025.
Thus, the current market state is very subtle:
Longs are afraid of high positions, and shorts fear the trend will continue to crush.
But you will notice a detail — it can always be seen on the daily gainers list.
Unknowingly, its market cap has already reached 1 billion USD.
At this point, the plot is actually very clear.
The 'new script' of the altcoins hasn’t changed; it’s just being executed with increasing proficiency:
Low circulating new coins + Binance Alpha exposure + contract accelerator.
Continuing to play out the script $MYX $ZEC .