Why is the Alpha token starting to pump?
In the past few days, it seems that Alpha on @binancezh has shown signs of a pump a few days after the TGE. First, $HAEDAL announced its listing on Binance futures + the Korean market, and the price started to rise steadily. Then yesterday, $STO announced its listing on Binance spot + futures, with its market cap skyrocketing from 20 million to 46 million.
This morning, $AIOT surged over 3 times from the bottom, and the community speculates that aiot might be listed on Binance spot (though there's no official announcement yet). On the first day of the Alpha launch, this token had a circulating market cap of only 6 million, which aligns well with Alpha's characteristics.
The chart below lists the performance of the last 5 Alpha tokens on Binance from after the TGE to now, with all 5 tokens showing signs of a pump. It feels like the @BinanceWallet team wants to break the previous phenomenon of these tokens 'peaking at launch.'