Binance Announces 5 Top Altcoins Selected for Its New Platform, Prices Surge

Binance, the world's largest cryptocurrency exchange, announced a new platform called Binance Alpha yesterday to promote early-stage altcoin projects. Today, the first five altcoins selected for the Binance Alpha platform have been revealed.

Accordingly, Binance Alpha has announced its first project group consisting of KOMA, Cheems, APX, ai16z, and AIXBT.

Although Binance Alpha is considered a group selected by Binance for listing, it is important to note that the release of an altcoin here does not guarantee that it will be listed.

Binance announced that they will release a second batch of altcoins for Binance Alpha in about two hours, with 3 of them on Ethereum, 1 on BNB Chain, and 1 on Solana. Following Binance's announcement, the prices of altcoins surged.