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📉 The number of traders on Alpha has dropped significantly – Opportunity or risk? From 14/11 → 06/12, the number of traders on Alpha decreased from ~500K to ~274K, equivalent to -45% in just 3 weeks. Main reasons: 🔸 Few new TGE phases 🔸 Airdrop of old projects is no longer very appealing 🔸 Part of the capital has shifted to spot/futures as the market recovers 🔸 Increased farming competition → new traders discouraged 💡 But this is not a bad signal. When the number of participants decreases, farming becomes easier, competition is less, and those who remain often receive more when Binance launches a new major TGE. 🔥 The phase of "cleansing players" is often the best time before the airdrop warehouse opens. 👉 Do you think this is the time to continue farming or wait for a new TGE?
📉 Is Binance Alpha losing players? The number of transactions on Alpha has decreased from ~500K (14/11) to 283,061 (05/12). The estimated decrease is ~43% over 3 weeks, reflecting capital flowing out of Alpha. The sharp decline occurred on 24/11 and 30/11, after which it continued to go down. 🔍 Why the decline? Lack of new projects sufficient to create FOMO 👀 Rewards/points are not as attractive as in the early stages 🎁 The overall market is cooling down, liquidity is decreasing 🌧️ ⚠️ Implications for traders Thin liquidity makes price manipulation easier. But with fewer participants → less competition for point farming 💡 👉 In summary: People are leaving, but opportunities for those who persevere still exist.
📉 The number of participants in Alpha has sharply decreased 🆘🆘🆘
Trend data from Alpha shows a clear reduction in activity over the past 3 weeks: 🟡 Mid-November: about 490,000 – 500,000 people 🟡 24/11: about 400,000 🟡 25/11: dropped sharply to 350,000 🟡 04/12: down to 301,315 people 👉 In total, nearly 200,000 people have been lost, a significant drop compared to the peak period in mid-November.
📌 Possible reasons for the decline ⚙️ The scoring rules and daily tasks are becoming increasingly difficult 🎁 New projects lack TGE, rewards are not attractive 📉 The prolonged poor market → discouraging mentality 🕒 The final stage of the tournament → many people give up 🎯 Conclusion Alpha is experiencing the strongest decline in participation since the beginning of the season, from nearly half a million down to 301k. The trend clearly shows a cooling off as the rewards and tasks are no longer as appealing as in the early stages.