The enthusiasm for the BSC three-day carnival market is gradually waning, #mubarak has come down from its peak and is approaching a halving. Is there still a chance for BSC in the future?

There is no doubt that Binance's greatest asset is the liquidity of the secondary market. However, it is both the success and failure of liquidity; all projects view listing on Binance as their final stop, with an immediate influx benefiting various interests such as VC/project parties/marketing, but not the interests of the liquidity providers.

Retail investors have been hurt time and again by new coins on Binance, creating a path dependency for shorting new coins directly. Binance has enormous liquidity but is unable to mobilize it, which undoubtedly shakes the foundation of Binance.

If you were CZ facing this situation, you would also be anxious. Therefore, this wave of BSC sees CZ @cz_binance and He Yi @heyibinance personally getting involved, which is clearly not just simple short-term speculation, but an attempt to resolve the fundamental issue of mobilizing liquidity. A man who has been the richest does not care about earning a small sum from low-quality coins, but rather hopes to create a positive cycle between the entire BSC ecosystem and Binance's liquidity.

Thus, the BSC wave is a planned ecological layout; Binance @binance alpha 2.0 connects DEX and CEX, integrating secondary market liquidity into Binance alpha. The next step is for Binance alpha to bring about a wealth effect. This wealth effect does not need to be widespread but must be significant enough to let a portion of secondary users willing to try alpha reap benefits.

Currently, #mubarak seems to be a good target. Binance still holds two final cards: changing CZ's avatar and listing on Binance spot. As long as there is this expectation, there will be room for speculation. Therefore, in the short term, #mubarak does not necessarily need to be listed on the spot, but the process must be slow and steady; at the very least, it cannot be an immediate influx. Ample time for exchange must be given, and sufficient turnover is essential.

Furthermore, if #mubarak is listed on the spot, it must be pulled to a height where retail investors dare not chase, leaving only a small group who bought and held during the Binance alpha phase to envy, thus creating a market sentiment where buying Binance alpha equals making money.

Position determines the butt, and the butt determines the mind. I have a considerable position in #mubarak, so the above does not constitute investment advice.

DYOR