Binance Alpha, an initiative by Binance to showcase early-stage crypto projects, has introduced several tokens, including MILK and HAEDAL.
๐ฅ MILK Token
MILK is a cryptocurrency launched on the Binance Smart Chain (BSC) network in May 2023. It has gained attention due to its significant price movement, with a 24-hour increase of 675%, bringing its current price to approximately $0.43. The token has a total supply of 1 million, with a circulating supply of 500,000, and a market capitalization of around $216,600. MILK is currently traded on decentralized exchanges like Raydium, with a liquidity pool of $145,000. ๐งช HAEDAL Protocol
HAEDAL's token price is approximately $0.161, with a market capitalization of $161 million. The project aims to provide scalable and user-friendly financial solutions for the Sui ecosystem. Investment Considerations
Both MILK and HAEDAL are part of Binance Alpha's initiative to spotlight emerging projects. While MILK has shown impressive short-term gains, its long-term viability may be uncertain due to its tokenomics and governance features. HAEDAL, on the other hand, is backed by significant funding and focuses on enhancing the Sui ecosystem, which could offer more stability and growth potential. Investors should conduct thorough research and consider their risk tolerance before investing in these tokens.