BinanceAlpha$1.7MReward Binance Alpha has recently launched a high-profile trading competition with a total reward pool of $1.7 million. This initiative aims to promote trading of select tokens within the SUI ecosystem, including $SCA, $BLUE, $NAVX, $HIPPO, and $NS. Participants can engage in trading these tokens on Binance Alpha to compete for a share of the rewards.

However, following the announcement, over 40% of the Binance Alpha tokens experienced a decline in price, indicating a volatile market reaction.

In addition to the trading competition, Binance Alpha has introduced a points-based system to evaluate participation in Token Generation Events (TGEs) and airdrops. Users accumulating sufficient Alpha Points may qualify for exclusive airdrops, such as the recent distribution of 356 HAEDAL tokens to users with an Alpha score of 80 or above. BinanceAlpha$1.7MReward #EthereumSecurityInitiative #MastercardStablecoinCards