⚠️ Binance has noticed that $ZKJ and $KOGE have experienced significant price fluctuations, and our initial findings indicate that these developments are the result of large holders removing liquidity on-chain and a wave of liquidations in the market.

To maintain fairness and stability in the market and reduce systemic concentration risk, Binance will adjust the rules for calculating Alpha Points. Starting from 00:00 UTC on June 17, 2025, the trading volume of trading pairs between Alpha tokens will no longer be counted in the calculation of Alpha Points.

If this is not a real rug pull, we should see the price recover somewhat tomorrow; it seems the $KOGE was created by a Chinese wizard team to cheat the volume paired with another token previously => Binance bans spam of tokens unrelated to Alpha => these guys switched to spam the pair ZKJ/KOGE. Now they are also banning trading between tokens, meaning only the volume of Alpha token pairs with USDT, USDC, and possibly BNB will be counted.

In general, this situation needs further monitoring because currently, Binance Alpha is helping Mr. Bằng earn fees + exchange rate differences from users around $3-5 million a day. Airdrops only return on average about $1 million, and since they were cultivating good users, it’s a bit confusing if they go rug now 😂

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