Breaking! Binance Alpha Crashes, Can We Still Trade?

Event Overview

Last night, Binance Alpha's star projects ZKJ and KOGE plummeted by 80%,

resulting in significant losses for many users trading Alpha strategies, with extremely high wear and tear.

Can we still trade? Will it still be profitable?

From the current situation, Alpha still has airdrop opportunities in the future,

but the expected profit per round is compressed to around $50.

To obtain this profit, you need to trade daily and incur about $3.2 in wear and tear,

persisting for 14 days, with costs nearing $45, and the current costs will be even higher.

Conclusion:

1. If you have spare time, you can continue trading, but keep daily costs under $3.6.

2. If time is limited, it might be better to conserve some energy and give up.

The most cost-effective way to trade Alpha currently:

1. Trade SQD and ZRC projects, the depth is still decent.

2. Try to enter and exit during an upward trend.

3. Use limit orders for buying and selling on the exchange.