On February 19, 2025, Binance Alpha launched two highly anticipated new projects: CZ's Dog - Broccoli and PERRY. According to Binance Alpha's announcement, the platform launched multiple Broccoli-related tokens, including Broccoli (BROCCOLI), CZ's Dog (Broccoli), and Broccoli (Broccoli) and PERRY. Among them, PERRY's price quickly soared to $0.025 after its launch.
It should be noted that the listing of these tokens does not mean that they have been officially listed on the Binance main platform. On the day of listing, the trading volume of Broccoli series tokens rose rapidly, and the discussion about these tokens on social media was also very heated. However, as an old leeks, I am well aware of the risks that may be hidden behind this enthusiasm. Many investors may blindly enter the market due to FOMO (fear of missing out), but the long-term value and application scenarios of these tokens have not yet been clarified, and investors should remain cautious.
PERRY: Behind the sudden surge in price after launch
In contrast, the launch of PERRY caused a sensation in the market. According to the Binance Alpha announcement, PERRY is the token of Perry, the pet dog abandoned by CZ. After the launch, the price of PERRY soared to $0.025 in a short period of time, and the trading volume also quickly exceeded 10 million US dollars.
It is worth noting that some smart money quickly bought the relevant tokens within seconds after Binance Alpha released the announcement and made a lot of money. According to lmk.fun monitoring, a smart money address bought the corresponding tokens within seconds after the announcement was released, earning a total of $112,500. Among them, $100,000 was earned on BROCCOLI (f2b), $10,000 was earned on PERRY, and $2,500 was earned on BNBXT tokens.
However, short-term price surges do not represent long-term value. The actual application scenarios and technical support of PERRY have not yet been clarified. Investors should avoid being swayed by short-term market sentiment and conduct sufficient research and risk assessment before investing.
Market sentiment and investor mentality
From the launch of these two projects, we can see that the market sentiment in the cryptocurrency circle is still high and investors are enthusiastic about new projects. However, as an old investor who has experienced many market fluctuations, I know how important it is to stay calm and rational in such a frenetic market. Short-term price fluctuations are often affected by market sentiment and hype, and truly valuable projects need to stand the test of time.
In addition, there are some speculative behaviors in the market. For example, after Binance Alpha announced the launch of Broccoli (f2b), Broccoli (f3b) plummeted 48% in a short period of time, and a certain address panic-sold tokens worth $224,000. This reminds us that rapid changes in market information may lead to drastic price fluctuations. Investors should always pay attention to market dynamics and avoid blindly following the trend.
Summary: Look at new projects rationally and invest cautiously
The launch of Broccoli and PERRY once again reflects the high-risk and high-return characteristics of the cryptocurrency circle. For these new projects, investors should remain rational and avoid being confused by the short-term market enthusiasm. Before investing, be sure to conduct sufficient research to understand the background, technical strength and actual application scenarios of the project. At the same time, formulate a reasonable investment strategy, control positions and risks, and cope with the drastic fluctuations in the market.
As an old investor, the cryptocurrency world is ever-changing, so you need to be cautious when investing.