The new platform of Binance for pre-listed tokens, Binance Alpha, has recently announced the fourth batch of tokens added to the selection group. The new token batch includes tokens such as KOGE, BANANA, GNON, LUCE, and others.
In the fourth batch of pre-listed tokens from Binance Alpha, the platform selected a mix of tokens based on Solana (SOL), Ethereum (ETH), and BNB (BNB). This token batch includes nine selected tokens based on factors such as strong community interest, appeal, and hot trends.
On December 20, Binance Alpha released an announcement about the tokens included in the fourth batch, namely Banana, Koge, Bob, Magic Power, pStake, Numogram, Shoggoth, Luce, and Odos.
Although the cryptocurrency exchange has made it clear that tokens included in Alpha's selection group are not guaranteed to be officially listed on the exchange, Binance stated that these tokens "may even be considered for listing on the Binance Exchange in the future."
Unlike Binance's official listing, which is known to potentially drive the value of a token up shortly after announcement, the announcement about the Binance Alpha selection group seems to have little impact on the selected tokens.
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According to data from CoinGecko, the BOB token has decreased by 23.2% in the past 24 hours of trading, while BANANA and PSTAKE also dropped by 14.4% and 7%, respectively. LUCE, MGP, and KOGE all fell by about 0 to 1% during the same period.
The only token that seems to be performing well is ODOS, which has increased by 18.7% in the past day. Another token is GNON, which rose by 10.8%. SHOGGOTH also saw a slight increase of 3%.
Previously, Binance Alpha announced the third batch of tokens on December 19, which included FROG, MONKY, TERMINUS, CLANKER, GRIFFAIN, and CGPT along with many other tokens.
As previously reported by crypto.news, Binance Alpha is a platform that is part of the broader Binance Wallet and serves as a selection group for early-stage cryptocurrency projects within the ecosystem. The new platform provides users with the opportunity to explore selected projects with the potential to be listed on the Binance exchange.
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