Dear ones, the competition for Binance Alpha points is currently extremely intense, it's all 'internal competition' to an unbearable level 🤯 The point threshold has broken through 200 points, but the airdrop income has dropped to around 25 dollars, with the input-output ratio decreasing, and the community is discussing it.
Some say that traffic will 'overflow' to ecosystems like Sui and Solana, but what is the actual situation? The Sui ecosystem, although highly anticipated, does not have outstanding transaction volume, with NAVX only at 3.34 million dollars in 24 hours, which cannot be compared with Solana 😔 The Solana ecosystem is different, the DEX trading volume increased from 2.2 billion dollars on May 4 to 4.59 billion dollars on May 15, more than doubling, and the prices of projects like MOODENG have also risen sharply 📈
There is also the Sonic ecosystem, although there are few projects launched, the two tokens launched in May had an average increase of 65.93%, ranking first 👍 However, it has a small number of tokens, so we can't say it has great potential.
From the project launch situation, Binance Alpha can give projects exposure traffic, but the data is quite heartbreaking 😣 On May 23, the average drop of 23 tokens was 5.04%, and the average drop of the 7 tokens that were airdropped at launch was 31.5%, all continuing to decline.
For us ordinary users, the internal competition is too terrifying 🙈 The point threshold is 205 points, based on a 1000 dollar principal, you need to process 8000 dollars in trading volume daily, with high slippage and gas fees, the income simply cannot cover the costs.
It can be foreseen that the point threshold will continue to rise, either Binance Alpha will increase the airdrop amount, or everyone will stop playing, and the threshold will decrease. This game of 'internal competition' is coming to an end, the DEX trading volume on the BSC chain has also declined 😭
Binance Alpha points competition Sui ecosystem Solana ecosystem Sonic ecosystem Project launch performance