Can I still swipe the current #alpha ? Once 15u, the airdrop sent is only 30U. It's Chinese New Year, is it time to fight back against the leeks for the year-end bonus?
The current alpha is terrifyingly worn out There are no stablecoin projects anymore The distributed 毛 is still very small It might be time to say goodbye #alpha
To put it bluntly, those who are still mindlessly shouting $BTC bull market are somewhat self-comforting. The market is horizontal like this, and the volume can't go up, the bulls lack momentum, and the bears dare not strike. This is not strength, this is hesitation + grinding + specifically tormenting retail investors. The worst part is: those at the top are trapped, those at the bottom are unwilling to cut losses, and the people in the middle are staring at the market daily, questioning life. If you ask me: at this position, the ones charging in are the brave, the ones holding steady are the tough, and those who are observing are actually the most comfortable.
To be honest, I am a bit numb when I see new coins now. Whitepapers are produced one after another, the roadmap is drawn more beautifully than anyone else's. What truly excites me are those projects that: aren't heavily promoted, but have gradually increasing on-chain data. At least they don't seem to be specifically targeting my wallet.
$FIGHT I looked at this coin, The story is quite big, and the stuff is quite vague. I don't know if it can make it, Anyway, buying it now, you have to be tough in your mind. I choose to observe, not to be a teaching material.
After spending a long time trading cryptocurrencies, I've realized that losing money isn't necessarily due to a bad project; many times it's because of my own actions.
When prices go up a bit, I'm afraid of missing out, so I rush in with a shaky hand; when prices drop a bit, I panic, and can't help but sell at the bottom.
Going back and forth like this, I didn't make any money, and my mindset has already exploded.
Now my biggest wish isn't to catch a ten-fold return, it's to stop making reckless moves, and to be able to live steadily in this market.
I personally bought around 0.165, and now it's around 0.4. To say I'm not happy would be a lie.
But to be honest: The launch of the contract ≠ the market will only go up without falling.
In this phase, the fluctuations will only be bigger: Some people are going long, some are going short, and some are starting to cash out.
For me, it's already a profitable position. What's more important now is how to keep the profits, rather than continuing to gamble on how much it can multiply.
The hardest thing in the crypto world has never been buying, but whether you can remain calm after making a profit.
Given the current survival environment of #alpha , along with the pitifully few airdrops, can this still be played? Can the grandeur of September 2025 be reproduced? $OWL #alpha
Recently, the announcement from Binance regarding the originally planned launch of the perpetual contract $AIA has been postponed, and many people's emotions have changed suddenly.
The contract was originally seen by many as a "liquidity expectation," but now it's delayed, which indeed has a short-term negative impact on sentiment, but it also indicates that the market's previous expectations were somewhat overextended.
Let's take a simple look at the project itself:
【Project Positioning】 AI + Web3 conceptual project, with the narrative ahead, and the product still in its early stages.
【Advantages】 • Riding the AI trend, high attention • Market capitalization is not large, so fluctuations will be very obvious once funding arrives • Discussion around it has indeed been increasing recently
【Risks】 • The actual implementation and revenue model are still unclear • Prices are very sensitive to sentiment and news • The contract delay also increases short-term uncertainty
【Conclusion】 AIA is more like a "concept + funding speculation" project, not the kind of target that can be ignored for the long term.
Misjudging a project doesn't necessarily mean losing money; misstepping in timing is the most fatal.
Recently organized a bit $MTP , simply took apart this project.
【Project Structure】 MTP is a small market cap project, currently more reliant on community enthusiasm and secondary market funds, the fundamentals are still in the early stages.
【On-chain Situation】 • The number of holding addresses has recently increased • Some addresses are continuously buying small amounts • No extreme concentration of a single controlling address has been observed yet
Note: There is some capital attention, but it cannot be said to have strong control.
【Advantages】 • Small market cap, high elasticity • Early supporters have a relatively low cost • Recent enthusiasm is rising
【Risks】 • Fundamental support is relatively weak • Transaction volume is unstable • Easy to fall back after enthusiasm wanes • Price is more affected by emotions
【Summary】 More like an emotion + capital-driven project, rather than a deterministic long-term value project.
If participating, a small position is more reasonable, don't treat enthusiasm as certainty.
Unfortunately, I thought I had successfully reported it and got a chance to participate in the lottery. If I could win, it would be some consolation 🐮🐮🐮
Binance Risk Buddy
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campaign end at January 16, 2026, 23:59:59 UTC+0
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🎉 Join the Alpha Violation Reporting Campaign and Share a 6,000 USDT Reward! 🎉
Thank you all for actively participating in the Alpha violation reporting campaign! To appreciate those who have reported violations but have not yet received rewards, we are launching a special lucky draw to honor your enthusiasm! How to participate: 1️⃣ Follow @Binance Risk Buddy and like, comment, or repost this campaign post 2️⃣ Have previously (before campaign started) submitted an Alpha violation report but have not received a reward Prize Details: 💰 A total prize pool of 6,000 USDT will be evenly shared among 300 lucky winners 🎁 Limited spots available—join now for your chance to win exclusive rewards!
campaign end at January 16, 2026, 23:59:59 UTC+0
The final interpretation right of the event belongs to Binance. Thank you for helping us maintain a fair trading environment!
On December 17, HashKey Holdings Limited (stock code 3887.HK) officially listed on the Hong Kong Stock Exchange main board, becoming the first digital asset enterprise to be publicly issued in Hong Kong, with an opening market capitalization of HKD 18.527 billion (approximately USD 2.38 billion). The global offering was priced at HKD 6.68 per share, close to the upper limit of the offering range, attracting nine cornerstone investors including UBS Asset Management Singapore, Fidelity, and Dinghui Investment. However, beneath the glamorous surface, the issue of valuation bubble is particularly prominent.
The core contradiction lies in the severe disconnect between the company's market capitalization and the valuation of its ecological tokens — its HSK token is currently valued at only USD 290 million, while the market capitalization upon listing is actually 8.2 times the token valuation, with a premium that far exceeds the industry's conventional level. More critically, the earnings fundamentals are unable to support such a high valuation: from 2022 to 2024, the company accumulated a net loss of over HKD 2.35 billion, and in the first half of 2025, it still reported a loss of HKD 507 million, with revenue in the first half declining by 26% year-on-year and trading volume sharply down by 38.4%. Profitability continues to weaken, with gross margin dropping from 97.2% in 2022 to 65% in the first half of 2025, and R&D expenses accounting for as much as 77.2% in 2024, resulting in significant cost pressure.
Market competitiveness is also lacking, with HashKey's global digital asset trading market share at only 1% and on-chain service market share at less than 1%, showing a stark gap compared to leading institutions. In comparison to Coinbase's industry status and user scale corresponding to its market capitalization of USD 72 billion, HashKey's valuation of USD 2.38 billion lacks support, and Hong Kong has already issued 11 virtual asset trading licenses, leading to increasingly fierce industry competition. Although the company is laying out three major businesses: trading facilitation, on-chain services, and asset management, and plans to increase compliance investments, the current high valuation's reasonableness is widely questioned in the context of low token valuation, continuous losses, and limited market share. Whether it can digest the valuation bubble through business synergy remains uncertain.
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