Binance Alpha Alert Update (May 2025)
Binance Alpha—a gateway to early-stage crypto projects—promises early access to high-potential tokens. But recent developments have raised serious concerns:
Pump-and-Dump Scandal: A fake Telegram channel, accessed through a dormant Binance link, led to the manipulation of token prices, costing one trader $BNB 102,000 in just 12 minutes.
Performance Red Flags: Of 29 Alpha-listed tokens, 41% saw their Fully Diluted Valuation drop shortly after being listed, sparking questions about the platform’s vetting process.
Watchlist Wipeout: Binance abruptly deleted its public Alpha watchlist, causing confusion and suspicion across the crypto community.
Despite the backlash, Binance Alpha is still adding tokens like PERRY, SIREN, and $BNB XBT—offering potential opportunities, but at high risk.
Takeaway: While Binance Alpha offers early access, it's become a hotbed for volatility and scams. Crypto investors are urged to DYOR (Do Your Own Research) before jumping in.
