Who still collects points now? Even dogs don't play with it anymore. It's simply impossible to collect points. It's better to mine BTE, and you can also mine BTC. Isn't that better than collecting points? It's a two-way profit, and you don't have to operate it every day. It automatically starts mining every day. Doesn't that sound great?

This is a long article:
zkj, before the crash, fully diluted valuation (fdv) of 2 billion dollars.
koge, published a statement before the collapse (risk is on you), equivalent to a crash warning. No lock-up mechanism, can be sold at any time.
zkj and koge have a common risk point, both have wash trading (for wash trading pairs), relying on human intervention.
alpha has wash points, real trading volume is low, wash trading accounts for a high proportion of 60-70%, this is a valuation bubble.
What is alpha? The trading volume generated by the point washing mechanism is “false liquidity”, combined with large sell-offs breaking through the range causing flash crashes, the wash trading of zkj and koge has turned into the “death spiral” of the past few days, this is the root cause.
To put it simply, alpha is a group of high FDV, low circulation altcoins, too aggressive in washing, once the point rules change, it will catalyze a decline. The leading wash traders, wash, intensive unlocking, flash crash.