OLAXBT Update: Is the Coin Bullish or Bearish?

Binance’s Alpha platform listed OLAXBT (AIO) on August 2, 2025, offering an airdrop of 750 AIO tokens to users holding at least 200 Alpha Points, with the redemption threshold reducing hourly to increase reach . Since its debut, the token has seen a sharp 14.61% price drop over 24 hours, currently sitting at $0.05, with a market cap of approximately $10.96 million and $9.81 million in 24-hour trading volume .

This indicates a highly volatile launch phase—initial excitement met with selling pressure. The lack of direct commentary from OLAXBT’s team or Binance executives adds to market uncertainty .

♦ Quick Bullish vs Bearish Take :

• Outlook Why That View :

• Bullish :

Airdrops and early listings can attract attention and build a holder base. If adoption grows, buying pressure may follow.

• Bearish :

Early downward price trend and no strong community or leadership signals. Volatility remains high.

$AIO