Data Insights on Alpha's New Listings: Who Will Be the Next Dark Horse?
Recently, Binance Alpha has launched several new project tokens, and I did a data review at the first opportunity:
24-hour trading volume: Projects A and B are far ahead, while other projects' trading is relatively stable.
Holding distribution: Projects heavily held by large holders may experience more drastic fluctuations.
Social popularity: Project C's popularity on platform X has surged, which may bring short-term capital inflow.
Based on the historical performance of newly listed projects on Alpha in the past, projects with high trading volume and social popularity have a greater probability of short-term price increases; however, if the holdings are overly concentrated, it is easy for large holders to sell off, triggering a sharp drop.
My strategy is: first use a small position to track hot projects, waiting for trading volume and popularity to sustain for more than 48 hours, then consider increasing the position.