Initially bought a lot of Stakestone's fund through tranches (similar to Y T)

Lost several thousand U, thinking this project would definitely go on Binance.

As a result, when the airdrop happened, it didn't launch on Binance, and after losing over 4000 U of ETH, it finally airdropped 400 U of STO, which I held until it rose to over 500 U and sold.

Now today they announced that Binance is going to list $STO, causing a surge.

I now roughly understand the significance of the alpha zone. Previously, it was always said that after Binance listed VC coins, everyone had overly high expectations for its valuation. Now, instead of rushing to the initial launch, they wait for other exchanges, sell off the airdrops, and then list in the alpha zone at a lower valuation. After some time, when the trading volume in the alpha zone is sufficient, they will list on the main Binance platform at a lower valuation.

This way, there won't be those previous screenshots where it just started dumping right after going on Binance. These images, when spread too much, cause gamblers to lose confidence in secondary trading. Losing confidence among gamblers is precisely what exchanges want to avoid.