Recently, several Binance Alpha projects are really not worth it, and I have a few thoughts:
Not all projects with good-looking prices have fundamental support; some just trap users in locally overvalued scripts through $4 KYC, no bridge chains, and no DEX.
If the project party sacrifices early users, only air-dropping to Binance users and locking KOLs for two years, not letting users get on board directly to control the market and raise prices — the short-term candlestick chart looks good, but in the long term, it will only be left with the silence of a dispersed crowd.
A project that has been built for several years, if it goes public but no one can buy it and no one dares to buy it, then going public might just be spending money for a formality.
High market control ≠ high price; market control is not the original sin, but mispricing is strategic suicide. If it's controlled but no one buys, then it might just be a matter of shuffling investors' money around.