Binance Alpha announced the second batch of five tokens listed on this platform today. These are tokens on Ethereum, BNB Chain, and Solana. This new platform aims to focus on early-stage projects that Binance believes have growth potential in Web 3.
Second Token Listing on Binance Alpha
1. Cakepie (CKP)
The price of CKP surged from $6.7 to over $11.7 after Binance Alpha listed this coin. Currently, CKP has a market cap of $8.57 million, increasing over 70% today.
CKP is a coin on BNB Chain, the governance token of Cakepie. Cakepie generates real profits by leveraging Pancake Swap's veCAKE model.
2. Gearbox Protocol (GEAR)
The market cap of GEAR surged from approximately $92 million to over $111 million after being listed on Binance Alpha. Currently, this token has a market cap of $109 million.
Gearbox announced revenue of over $5 million, trading volume of $7 billion, over 10,000 users, and more than 40 integrations.
Gearbox is a general leverage protocol that allows users to leverage in one place and use it across multiple DeFi platforms and protocols.
3. Stader (SD)
The market cap of SD surged from $48 million to over $51 million today after being listed on Binance Alpha. Currently, this token has a market cap of over $50 million, increasing 3% today.
The team behind the project announced in a post via X on December 17 that SD had been listed on Caleb & Brown, a significant Bitcoin and cryptocurrency brokerage.
The Stader project builds important intermediary staking infrastructure for many PoS networks for retail cryptocurrency users, exchanges, and custodians. Third parties can use their components to build custom solutions.
4. Syrup Finance (SYRUP)
The price of SYRUP surged from $0.18 to over $0.2 today after this token was listed on the Binance Alpha platform.
On December 17, the team behind the project announced that the head of Alpha Strategies, Jeff Park, stated that the project's TVL could surpass BlackRock's BUIDL thanks to increasing adoption in the decentralized market.
Syrup is a platform that allows access to profits through collateralized lending for institutions.
5. FARTCOIN
FARTCOIN increased nearly 20% today. The market cap of this coin surged from over $863 million to over $901 million after being listed on Binance Alpha. Currently, FARTCOIN has a market cap of $889 million.
On December 17, the FARTCOIN account on X reposted a post on Bitget stating that this coin had surpassed GOAT in the AI memecoin market with a 180% increase this week.
Earlier today, Binance Alpha listed the first batch of five tokens on BNB Chain, Solana, and Base, including dog-themed coins and AI coins: KOMA, CHEEMS, APX, ai16z, and AIXBT.
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