Recently, Binance Alpha has launched several projects in Japan and South Korea. I chatted with a few Japanese folks about why they are so eager to send projects to Alpha. Aren't they worried about low market capitalization or being impacted by airdrops?
As a result, the guys all said that launching a coin on Alpha can reach a market cap of 100 million, and even if it drops, they can still have a big 50 million, which is really profitable..