Recently, the frequency of new launches on Binance Alpha has been at full throttle. I’ve seen everyone discussing it heatedly in the crypto community chat group, so today I’d like to share my views with you all, and feel free to share your opinions in the comments.
Let’s first talk about the benefits brought by this new launch, which is definitely full of opportunities. For us investors, the launch on Binance Alpha has opened a new world. Previously, the range of choices for investing in cryptocurrencies was relatively narrow, basically focusing on mainstream coins like Bitcoin and Ethereum. Now it’s different; Binance Alpha continues to launch new projects, such as innovative projects combining AI and blockchain, and potential stocks in the decentralized finance and non-fungible token fields are all in front of us, broadening our investment boundaries. Moreover, the new launches have directly invigorated the entire market. As soon as new projects go live, various funds rush in, trading volume surges, and the crypto world becomes lively again with opportunities to make money everywhere. For instance, the Cookie DAO (COOKIE) from the Aptos ecosystem rose 138% within 24 hours, and Ava AI (AVA) also increased by 77%. Who wouldn’t be tempted by this wealth effect?
From an industry perspective, the frequent new launches on Binance Alpha have a huge driving effect on the innovative development of the blockchain industry. More and more projects are getting the opportunity to be showcased, and developers are constantly researching new technologies and models to stand out. In the hot sectors of decentralized finance and non-fungible tokens, who knows when a blockbuster application that changes the industry landscape might emerge.
However, with the rapid speed of new launches, there are also many issues. The most prominent is the uneven quality of projects. With so many projects launching at once, it’s hard to ensure that each one is reliable. Some project teams lack technical strength, and their development plans are not clear; they purely want to cash in on the hype. If we accidentally invest in such projects, we might end up losing all our money. Additionally, the large number of new projects can easily lead to an overheated market, creating bubbles. Once the market trend is poor, panic spreads, and the entire market may experience violent fluctuations, making it easy for us investors, especially ordinary retail investors, to be “cut down.” Furthermore, the rapid new launches place high demands on our professional capabilities and information processing abilities. How can ordinary investors find so much time and energy to thoroughly research every new project in a short time? The issue of information asymmetry is becoming increasingly severe, making it easier for us to suffer losses when investing.
We need to look at Binance Alpha’s continuous new launches rationally; opportunities and risks coexist. When investing, everyone must stay clear-headed, do more research, and not follow the trend impulsively. I hope everyone can steadily make money in the crypto world and achieve their wealth goals!#币安Alpha上新 @CHAIN news