The Binance Alpha token on the $ETH chain rose 47.96% over $ICNT 24 hours, and 1.68% over 1 hour. Each figure reflects the cumulative change over its respective time window; most of the day's gains occurred earlier.
More noteworthy than the gains is the depth structure. 24-hour trading volume is approximately $1.47 million, while the current liquidity pool is about $213,000. Trading volume is several times the pool size, indicating active turnover. The current market cap is approximately $53.7 million, while the pool is relatively small by comparison, so the price impact of a single large trade will be more direct than for mainstream assets. There are approximately 79,000 holder addresses.
The contract check flagged one item: Mintable Detected, meaning the contract retains the ability to mint additional tokens. This is a permission setting investors should assess for themselves; the low risk rating does not cover this item.
#Alpha #ICNT
Personal market notes; this does not constitute investment advice. Please manage your position size.
More noteworthy than the gains is the depth structure. 24-hour trading volume is approximately $1.47 million, while the current liquidity pool is about $213,000. Trading volume is several times the pool size, indicating active turnover. The current market cap is approximately $53.7 million, while the pool is relatively small by comparison, so the price impact of a single large trade will be more direct than for mainstream assets. There are approximately 79,000 holder addresses.
The contract check flagged one item: Mintable Detected, meaning the contract retains the ability to mint additional tokens. This is a permission setting investors should assess for themselves; the low risk rating does not cover this item.
#Alpha #ICNT
Personal market notes; this does not constitute investment advice. Please manage your position size.