Binance Alpha Launches First Ten Tokens for Investors
Date: 2024-12-19 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
This initiative is aimed at attracting users to early research and investment in crypto projects directly through Web3 tools.
The exchange clarifies that the inclusion of tokens in Binance Alpha does not guarantee their listing on the main platform. However, such an opportunity may be considered. Users of the service can familiarize themselves with promising projects in 24 hours and use the instant token purchase function.
Among the first tokens presented by Binance Alpha were:
1 Koma Inu (KOMA) is a memecoin based on the BNB Chain network.
2 Cheems (CHEEMS) is a memecoin on the BNB Chain platform.
3 APX (APX) is a token of the ApolloX platform for trading derivatives on the BNB Chain network.
4 Ai16z (AI16Z) is a token supporting a venture platform with AI agents based on Solana.
5 Aixbt by Virtuals (AIXBT) is a token of an analytical AI service for the crypto market, operating on the Base network.
6 Gearbox Protocol (GEAR) is a token of a decentralized lending platform in the Ethereum ecosystem.
7 Stader (SD) is a token of an infrastructure project on Ethereum.
8 Syrup Token (SYRUP) is a token of the DeFi protocol Maple Finance, associated with the Ethereum ecosystem.
9 Cakepie (CKP) is a memecoin on BNB Chain.
10 Fartcoin (FARTCOIN) is a memecoin built on Solana.
Binance introduced these tokens simultaneously with the launch of the platform. On December 19, users will be able to see the following ten projects.
Binance Alpha's first day of operation saw a sharp increase in the price of most of the tokens on offer, according to CoinMarketCap data. As of 18:00 Moscow time, the only exception was the APX token, which lost 5.7% in value in a day. At the same time, the Cakepie token (CKP) showed the most significant growth - 35%, with a capitalization of $ 8.6 million.
The decision to launch the platform was Binance's response to the growing popularity of memecoins. Previously considered a joke, such tokens have become an important part of the crypto industry, attracting new participants to the market. This explains the desire of large exchanges to expand their offerings through memecoins and related instruments.
