George Miller
Binance Alpha has generated excitement in the community with the launch of its initial two sets of listed projects, gathered from a pre-selected pool.
We are thrilled to introduce a second round of #Binance Alpha today, starting just 2 hours after the first batch announcement.
Get your assets ready for the upcoming tokens on the following chains:
3 on Ethereum,
1 on BNB Chain, and
1 on Solana.— Binance (@binance) December 18, 2024
First Round of Projects Launched by Binance Alpha
The first set of projects unveiled included KOMA, Cheems, APX, ai16z, and AIXBT. Following the announcement, token prices rapidly increased, with KOMA and Cheems seeing significant jumps. Meanwhile, AIXBT and APX experienced slight declines, possibly linked to profit-taking or ambiguity surrounding their future listings.
Second Batch Features Diverse Chain Inclusion
Shortly after, Binance announced the second batch of projects which features CKP on Binance Smart Chain, GEAR, SD, and SYRUP on Ethereum, and FARTCOIN on Solana. The diverse chain representation underscores the exchange’s dedication to building a varied ecosystem. FARTCOIN, recognized as a memecoin with little to no purpose, has attracted attention on Solana due to its unconventional branding.
Confusion Arises from Erroneous Release
This afternoon, an erroneous listing of five tokens was mistakenly shared on a Telegram channel by the exchange, causing confusion and temporary trading fluctuations. Tokens such as MONKEY, HAPPY, RIF, ZRC, and ELIZA surged in value until the exchange issued a clarification that helped stabilize the market.