Since its launch on December 18, Binance has listed a total of 38 tokens on Binance Alpha. In the first phase, most of the listed tokens were very high market cap tokens, resulting in less significant price increases; while in the fifth phase, WHALES experienced a substantial increase due to its very small market cap. This article answers questions regarding the short-term and medium to long-term listing effects, the fluctuation patterns of different chains, and the relationship between listing effects and market capitalization through detailed data.
Data shows that Binance Alpha has a short-term listing effect, with an average price fluctuation of positive numbers over 5 minutes, primarily contributed by individual tokens. In the medium to long term, most tokens maintain a positive price increase one hour after being listed, but users who do not buy quickly may get trapped. In terms of long-term performance, these tokens show a significant increase compared to the short term, suitable for bottom-fishing after researching quality projects.
The fluctuation patterns of different chains vary significantly, with Solana leading in long-term price increases, while Ethereum has high short-term increases but limited long-term gains. The most noticeable short-term increases are seen in small-cap tokens, but there is no obvious correlation between long-term increases and market capitalization.