$ETH

$Jager

Yesterday, after realizing that I was tricked by MM ETH into releasing my assets early from the 4k2 area (a bit painful), I decided to take a look at one of the Alpha projects I had been watching for a long time but hadn’t invested in, which is Jager. It was quite frustrating to see it being sold off without breaking, so I sold off my 2-month coffee investment and got exactly 146B Jager (Let me go ahead and see how the dividends will be next month, I bought directly at Alpha)

Let’s analyze the reasons and the pros and cons. In Alpha, the risks are always very high -> contraindicated for All-in, lottery ticket

🔹 Advantages:

– The appearance on Binance Alpha based on following BNB is a preliminary filtering step, showing that the project has passed basic scrutiny and is not a blatant scam tarnishing the BNB image.

FDV ≈ Market Cap – very good among the Alpha crowd, extremely rare. This helps the price to be less pressured by token unlocks.

Strong holder community – Many people hold large amounts and claim to hold for the long term, reducing retail selling pressure. This is also a disadvantage as it can easily lead to a cleansing phase where 20-30% of holders are shaken out.

Burn/control supply mechanism (according to project information) – If operated correctly, this could be a factor driving long-term price increases, similar to the BNB model.

Positioned as a utility token – Has the potential to become a payment token or fee for a specific segment of the Binance ecosystem (similar to BNB in 2017).

🔹 Disadvantages:

- Being in Alpha for too long – This could lead some investors to lose patience, creating selling pressure.

- 24H trading volume is somewhat weak: > 10 - 20M is usually considered a successful Alpha test: Not achieved yet.

- Market Cap: >20 - 50M not achieved yet.

- Anonymous developer.

🚫 Note: No clear evidence found that BNB and Binance are behind this, Binance only included Jager in Binance Alpha, there is no official announcement calling this an internal project.