Binance Alpha has recently launched four AI projects: PRAI, AGT, REX, and XTER, all of which are burn money machines without exception. The AI track has always been a fundraising black hole; how will these projects perform after going live? Based on publicly available data, a simple estimation was made: XTER and AGT, whose costs are known for VC and KOL, are currently in underwater status, especially XTER, which broke the issue price by 30%.

The points strategy of SOON is worth studying: the valuation of 1 point = 0.03u in the secondary market is obviously low, considering its ecological layout and the upcoming livestream copy trading feature, the actual valuation should be at least above 0.05u. Currently, the OTC price has already been speculated to 0.04u, indicating that market expectations are warming up.

However, it should be noted that all projects launched by Alpha need to face two realistic problems: first, the unlocking selling pressure (90% of projects have an unlocking amount exceeding 200% of the circulating supply within six months), and second, insufficient liquidity depth (most projects have a daily trading volume of less than one million dollars). Therefore, even if you choose a good project, you should be mentally prepared to endure at least two rounds of unlocking periods.