⚡ According to @ Pandajackson42 tracking data, the daily trading volume of Binance Alpha on June 17th was 732 million US dollars—— Compared to its peak of over 2 billion US dollars at the end of May, Alpha has been declining for 9 consecutive days, entering a significant cooling cycle. From a platform perspective, Binance's Alpha is definitely a genius design that has achieved many things that platforms want to do but cannot: Without clear expected returns, it mobilized a large number of users' time, attention, liquidity, and even emotions. More importantly, Alpha has brought unprecedented first level pricing influence to Binance—— Through the mechanism of "user behavior x platform guidance", the early popularity, attention, and liquidity of the project are directly linked to Binance users, and pricing rehearsals are completed directly at the CEX level. This is essentially a new pricing order driven by user behavior, which partially transforms the primary valuation power held by VC into the result of internal liquidity games within the platform. So, the product manager who proposed this system should really receive a 50 month year-end bonus! The new Alpha regulations will be launched tomorrow, and I have not resigned yet. I am currently observing the minimum guarantee; If the second distribution effect is good, I feel there will be a second wave of small peaks~ data board https://(dune.com)/pandajackson42/binance-alpha-20-purchase-dex-tokens-directly-on-binance-cex