Continue to observe the on-chain data of Binance Alpha, today there are two directions worth special attention:
One is the change in the number of participants and scores, the other is which coins are still worth farming?
📉 First, let's look at the number of participants — on July 28, the number of on-chain participants suddenly decreased by about 20,000. While this can be explained as trading limits being too attractive, drawing people away, this shift makes me feel somewhat uneasy.
📊 Currently, there are more than 80,000 active participants on-chain grinding scores, don't think they are just newbies, many are actually 'farming on the wallet end' — like $KOGE, which has almost the highest rebate.
I personally still choose to farm on exchanges, it's fast and efficient, but the fees are all eaten by Binance, and basically no one is forming LP pools anymore. In other words, the era of stable coin farming is nearing its end.
📉 Last time, Binance taught us how to play LP, and we harvested ZKJ/KOGE in just 4 days.
📈 This time, it has us grinding on the exchange, so let's wait and see: will the relatively stable $AICELL, $KOGE, $OIK, $BR also follow a similar script in the coming days?
Additionally, in the alpha zone, the two booster projects @codatta_io and @BASCAN_io are at zero cost, so if you have time, you can give them a try; you might pick up something big.
It increasingly resembles a 'risky game,' but precisely because of this, those with judgment will stand out. Make your own judgments, and don't be swayed by the trending topics.
No one ever said alpha is free, but if you miss out and come back, the ticket price might have already increased. #币安Alpha