Tracked for several months, I looked at the projects that are now launching on Binance Alpha, and it feels like there are two waves of listing.

Before new regulations:

· 4 - 5% token airdrop

· 1.5 - 2 million USD in liquidity

· 90-day observation period for listing on Binance

· After listing, 2 - 2.5% of tokens airdropped to BNB holders on the platform

· Representative cases: STO, BMT, SHELL

After new regulations:

· 1.6 - 2% token airdrop

· 1.5 - 2.5 million USD in liquidity

· Currently, apart from the HYPER that opened on the same day, there are no other projects, the initial airdrop is followed by more days before listing on Binance spot.

In summary, after the new regulations, the selling pressure from airdropped tokens will be lower, which is more beneficial for project teams in terms of on-chain control and price guidance, but the downside is that recent listing cases under the new regulations are gradually decreasing.

Now not only are our Alpha points at P, but the project teams are also in PVP with each other.