Are you still refreshing Binance's Alpha?
The previous few Binance Alpha tokens directly crashed, it was a terrible sight. Is it the market maker manipulating the market or the project team pulling liquidity to dump? No one can say for sure.
They have harvested three waves of people: retail market makers who poured money into the LP pool, speculators who inflated trading volume, and naive retail holders. Daily trading volume in the tens of billions? Basically supported by these tokens.
Brothers who are still refreshing points, switch back after you're done.
The project team is making a killing from transaction fees; why did they suddenly retreat?
The answer is simple: Alpha points have collapsed, no one wants to refresh anymore, transaction fees can’t be earned, so they simply come for a big harvest and take the money home for a prosperous year.
Why is it so easy for them to make money? Because they sit at the top of the information chain, and retail investors can't even touch the door, yet they foolishly think they can get rich by trading coins?
Only at the peak of the bull market bubble, when the market makers have made enough, do they become indifferent to you picking up the scraps. The only truth is market sentiment.
Want to make money? Keep a close eye on sentiment, don't naively think you can deduce the truth from prices.
