Big news is here, Binance's web3 wallet has launched an Alpha zone. The first batch has gone live today at 6 PM, with a total of 5 coins.

On the BSC chain, there are three. The first is APX, which is a decentralized exchange platform and has been around on the chain for a while. Its current circulating market cap is 600 million USD, and from the opening until now, the increase is not found on the chain, but it should be around 0.02, and as of now, it appears to be around 70 times.

The second is KOMA, a meme coin, which went live on the chain in October of this year. Its current market cap is 85 million, and from the opening until now, the increase is 100 times. This is also something that cannot be bought at the bottom by everyone.

The third is CHEEMS, another meme coin that went live on the chain in September of this year. Its current market cap is 190 million USD, and from the opening until now, the increase is 30 times.

On the SOL chain, there is an AI16Z, which is a coin tapping into the AI sector, and also went live in October of this year. Its current market cap is 960 million, and from the opening until now, the increase is close to 500 times. However, you cannot buy at the lowest multiple; only the market makers have the bottom chips.

On the BASE chain, there is also an AIXBT, which is a platform for cryptocurrency market intelligence, and it went live on the chain in November of this year. Its current market cap is 280 million USD, and from the opening until now, it has increased about 6 times.

Everyone should not just look at how many times these coins have risen from the opening bottom; in reality, they are not available for purchase. Generally, the market makers buy up the opening price to a significant number of times, nearly 100 times, before they supply the market. The opening pool on the chain is inherently small, and the market cap is low, so the increase sounds relatively large.

Let me explain what the Alpha zone is. It is essentially a selection of coins curated by the Binance wallet, which can be understood as Binance assessing these cryptocurrencies. If they perform well later, there is a chance they could be listed on the Binance exchange, but 90% of coins will not make it to Binance. Therefore, do not blindly chase after a coin; proper research is essential. Otherwise, getting stuck could mean you might never be able to get out, or it could go to zero.

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