#TradersLeague
Today the alpha score has reached 239 points, and I am not the only outsider 😃
Since alpha was launched, Binance has gained a large number of new users entering the market.
On-chain wallet transactions account for 95%, establishing an absolute dominant position, with daily trading volumes in the hundreds of billions. Currently, the most comfortable are the top projects of several coins, changing nothing, and the biggest fear is having to go to spot trading.
However, because the huge trading volume is formed through wash trading, it has become a false prosperity in the eyes of many.
This reminds me of a time last year when Binance was wildly pushing small-cap coins, trading contracts, and driving prices up multiple times in just a few days. At that time, there was also a saying that Binance created a bull market, but it didn't stop the real bull market that followed, shattering those who called for no bulls and hitting new lows.
The market is like this, nothing is false or illusory; if someone has money, it's real. Therefore, alpha will inevitably lead to a qualitative change due to quantitative changes, and everything that has been ignored will eventually return to the historical stage.
So what has been ignored❓
Of course, it is Binance's platform coin BNB. Amid the booming trading, does anyone still remember that holding BNB used to come with retroactive HODLer airdrops, early investments in Launchpool, and regular locked Mega drops?
Previously, I never understood why alpha was so popular without empowering BNB. I couldn't believe that the BNB planning team would be so foolish, letting everyone laugh at the moment of extinction, revealing that it was indeed a false prosperity.
There is only one truth: the market is not big enough, and there are not enough people.
However, now the timing is gradually maturing, the scores remain high, and the heated capital is already in place, just waiting for the right wind to rise.