🔔 Binance Announcement – June 15, 2025

Binance has issued a statement on X (formerly Twitter) regarding unusual price volatility involving ZKJ and KOGE tokens. The key points are:

🧾 What Happened:

ZKJ and KOGE experienced significant price swings.

Initial findings point to:

Large holders removing on-chain liquidity.

A liquidation cascade in the broader market.

🛡️ Binance Response:

To ensure market fairness, reduce systemic risk, and prevent manipulation, Binance is making an important change:

Starting 00:00 UTC, June 17, 2025:

Trading volume between Alpha tokens will no longer count toward Alpha Points.

📌 What This Means:

Users farming Alpha Points by trading between Alpha tokens (like ZKJ, KOGE, etc.) will not receive points for those trades after the rule change.

This aims to deter coordinated wash trading or liquidity-based manipulation