#币安Alpha $ALON

Token Information:

The token “alon” (symbol: ALON) was created by developers associated with the launch platform pumpdotfun, blessed by user @a1lon9. This project presents community-oriented features and has a dedicated Telegram channel.

Advantages:

1. Smart wallets and whale holders: The largest holder's amount of ALON does not exceed the 4.5% threshold, reducing the risk of large-scale unstable sell-offs.

2. No history of fraud: The project developers have no history of fraud (rug pull).

3. Social media stability: The Twitter account has not undergone suspicious username changes, showing reliability, with high Telegram engagement.

Disadvantages:

1. Lack of data on launch and buying behavior: There is a lack of data on initial buying patterns, making it impossible to assess market reaction at the token's launch, which may indicate a recent market entry.

2. High price volatility: Price charts show significant fluctuations, with prices stabilizing around $0.03941; if the support level of $0.03851 is breached, it may decline further.

3. Unstable liquidity: Current liquidity is approximately $2,191,692.71, with noticeable fluctuations in trading volume, indicating that investors should exercise caution.

Opinion:

Although the project has no history of fraud and possesses a stable holder group, investors should remain vigilant due to the lack of initial buying behavior data and price volatility. Before investing, attention should be paid to support levels and overall market sentiment to make informed investment decisions.