The first batch of five projects from Binance Alpha has been released, which are KOMA, Cheems, APX, ai16z, and AIXBT.
Many people do not understand what Alpha is. Essentially, when Binance plans to launch a new coin, they will first place the projects in the Alpha section of the Web3 wallet. From there, they will select a few before adding them to the Binance spot new coin list. This way, there will be more options to choose from. Previously, there were only a few projects to select, but now there are over a dozen, making it easier to pick one or two to list on Binance.
Now, let’s talk about what these five projects are like; perhaps one or two of them will indeed make it to Binance in the future.
First, KOMA has a total of one billion, with 730 million currently circulating. Each sells for $0.11, and the current market value is $80 million. If all were circulating, it could be worth $109 million. It is a type of meme coin created on the Binance Chain.
Cheems has a total supply of 219 trillion, with 187 trillion circulating. Its current market value is $189 million, and if fully circulated, it could be worth $222 million. It is also a meme coin on the Binance Chain.
APX has a total supply of 9.844 billion, with 3.975 billion circulating, and a circulating market value of $600 million. If fully circulated, it could exceed $1 billion. It is a coin used for basic applications on the Binance Chain.
aI16z has a total supply of 1.1 billion, with a market value of $900 million. There are over 40,000 addresses holding it. It is a meme coin on the SOL chain, backed by capital support.
AIXBT is a crypto market intelligence platform on the Base chain, which Binance has not previously listed coins from. Its current price is $0.289, with over 40,000 addresses holding it, a total supply of 1 billion, and a fully circulating market value of $290 million.
This is just the first batch listed by Alpha; the second batch includes five new projects: CKP, GEAR, SD, SYRUP, and Fartcoin. To be honest, this is the first time I've seen these coins.
It is certain that one or more of these ten projects will be listed when Binance launches new coins in the future. Which one do you think has the best chance? The Dao brother bought two of these coins, including the recently hidden Musk's puppies, with over 16,000 addresses holding coins on the Ethereum chain. The value is very high, and the next batch of five projects will likely include his ranking, so stay tuned.