Alpha is making big moves again! The newly launched $EGL1 surged 145% before going live!
Currently, its daily trading volume reaches 2.4 billion USD, while its circulating market value is only 59.37 million USD. Could this become the next dark horse coin like MOODENG, which surged 140%?
EGL1 is the core currency of the USDI ecosystem, backed by the stablecoin USDI team for resource planning, providing a solid foundation. Moreover, it aligns well with Binance's selection strategy of 'hot concepts + strong community'.
The small-cap coins previously selected by Binance Alpha have mostly performed strongly after launch, so EGL1 has high explosive potential.
Before its launch, EGL1 showed strong performance, with on-chain trading volume exceeding 2.07 billion USD on June 24, significantly higher than other Meme coins on the BSC chain during the same period. The community's enthusiasm for chasing the price drove it up from 0.0395 USD to 0.097 USD, with a phase increase of over 145%. After the launch, the 24-hour trading volume remained high at 2.445 billion USD, providing a solid foundation for price appreciation due to ample liquidity.
EGL1 is deployed on the BSC chain, attracting significant capital thanks to the traffic from the Binance ecosystem and the advantage of low Gas fees. The project team EagleVault has also launched a support plan of 1 million USD1 to solidify its leading position in the Meme sector on the BSC chain. Additionally, it has partnered with the WLFI Foundation, which is expected to lead to a re-evaluation of its brand value. In the second half of 2025, there will be structural opportunities in the crypto market, with Bitcoin and Ethereum stabilizing, institutional funds flowing in, and the 'points + airdrop' model of Binance Alpha being quite attractive. Previously, Solana ecosystem tokens averaged a 12.32% increase after launch, and as a representative of the BSC chain, EGL1 is expected to replicate such growth.
On-chain data shows that the project team made two purchases of 50,000 USD in mid-June, igniting market sentiment. Currently, EGL1 has retraced 38.83% from its historical peak, but the 24-hour turnover rate exceeds 40%, indicating high trading enthusiasm. Additionally, the UK approved a 2.5 billion USD EGL1 submarine cable project, which might attract cross-industry attention.
In summary, EGL1 has triple drivers of 'low market cap + high liquidity + strong community', combined with the expansion of the BSC chain ecosystem and the rotation of institutional funds. It may break through the resistance level of 0.08 USD in the short term and aim for the historical high of 0.1 USD. If ecological cooperation can be realized or it gets listed on the main Binance site in the medium to long term, its market value might have several times the growth potential.
#Strategy增持比特币 #Solana质押型ETF #特朗普马斯克分歧 #美股代币化
