About how much bonus there is left in Binance alpha, let's share some insights

If you have experienced the last bull market as an old player, you will find that this time Binance's airdrop feels a bit like the massive airdrops of altcoins that occurred after the 2020 UNI airdrop, attracting a large number of newcomers to join in and take advantage of it. Moreover, the current timing is also quite similar. Personally, I believe that the real purpose of Binance's alpha airdrop campaign this time is to attract newcomers to trade and provide liquidity for the upcoming market.

This activity has been going on for nearly 2 months now, and the effect of attracting users has not yet reached the point where even the older participants are rushing in. Most of the participants are still old players and web2 users just trying to benefit, and there are many studios and users with multiple accounts also participating.

Therefore, I believe that in the coming months, Binance will definitely increase the detection of studios and multiple accounts, using more complex methods to ensure the profits of normal users, without raising the existing airdrop threshold. Moreover, those who have experienced the last bull market know Binance's wealth creation effect. Thus, in future airdrops, there will definitely be a few airdrops worth hundreds of U.S. dollars or even over 1000 U.S. dollars, which will directly attract a large number of users to join in.

The above discusses how attracting users to join will continue, and now let's talk about when the bonuses will end.

First of all, the bonuses from the alpha airdrop will definitely not last forever. Because even if there are no more multiple accounts and studios in the future, a normal user base reaching a certain number will also lead to reduced airdrop profits, until losses occur. If Binance wants to retain this group of users who simply entered the crypto space to earn from airdrops, then it must continue to create wealth effects.

Based on the current timing and the new highs of Bitcoin, it is highly probable that a bull market for altcoins will start in the coming months. When altcoins rise collectively, and the returns far exceed those from airdrops, this will attract those users who are benefiting from airdrops to trade altcoins. Once users make money from altcoins, they will naturally continue trading.

At this point, the bonuses from Binance's alpha airdrop will more or less come to an end, although they might continue as well. When the market is good, the coins from airdrops often rise many times, referencing the 2021 UNI airdrop, which rose from a value of 1000 U.S. dollars to a value of 10,000 U.S. dollars.