Alpha points are the traffic password. In the seemingly bustling subsidy war of exchanges, the higher the points, the higher the threshold, and ordinary users appear to be mere background players.
Alpha points have reached new heights, with ordinary users being marginalized. The key to this surge in data is the continually rising threshold for Alpha points. In the initial stage, 50 points might have been enough to qualify for an airdrop. But the latest round has seen the threshold soar to 142 points, and over the past 15 days, nearly 10 points must be earned daily.
Now, Alpha is not only becoming more competitive but also serves as an incubator. Tokens wanting to be issued need to attract users to increase trading volume. If the volume does not meet expectations, it will go down the drain. In simple terms, Alpha points filter users, trading volume filters project parties, and price performance filters market cap management capabilities.
Under this mechanism, only continuously active, high-frequency traders and studios can maintain their point competitiveness. Retail investors, at most, contribute to the market.
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