Binance's new contract strategy has sparked heated discussions, and altcoins have experienced explosive growth
Recently, Binance Exchange has successfully ignited market enthusiasm by intensively launching multiple currency contracts, driving a series of altcoin surges. After the launch of the contract, the price of the representative currency RARE soared by 356.5%, setting an impressive record of increase. Many other tokens such as ALPACA and VOXEL followed closely, achieving substantial appreciation, with more than half of the tokens increasing by more than 90%. This series of operations not only made investors taste the sweetness, but also triggered widespread discussion about whether Binance is artificially creating hot spots to boost the market. Against the backdrop of the overall downturn in the crypto market, Binance's move has undoubtedly injected a shot in the arm for the market, but it is also accompanied by a warning of short-term risks. #杰克逊霍尔年会