The official website is down, and it can still rise 19%? This 900k-dollar volume on $BILL has old farmers scratching their heads 🤔
Let me start with the conclusion: watchlist, and on the cautious side.
Today I went through the Alpha leaderboard and excluded the ones I’d already written about. The top gainer was this one: +18.8% in 24 hours, price at $0.00667, and FDV only $1.35 million. The most eye-catching thing is the volume—$917k poured in over 24 hours across 15,600 trades, with turnover close to 70%. Buys were 7,880 trades for $462k, sells were 7,710 trades for $455k. Buying and selling were almost split down the middle, and the price was pushed up like that 💸
The pool is actually pretty deep: the main BILL/USDT pool has $1.84 million, with total liquidity of $4.05 million, about 3 times the size of the market cap. That’s stronger than many Alpha small-cap coins; if you want to dump it, you’ll have to work for it.
But there are real problems too:
The top 10 addresses hold 88% of the supply, and both buys and sells are taxed—2.75% on buys, 3% on sells 😅
The funniest part is the website—it claims to be the token of Billions Network, launched in early May, and after more than 5 months, the website is already inaccessible.
There are some good signs too: 88 smart-money addresses are in it, 10 whales, and the bundled-pool ratio is 0.8%, which isn’t high. This rally doesn’t look like it was manufactured by a bunch of bot accounts; real people are buying and selling.
In plain terms: the pool is deep, and buying/selling is balanced, so the short-term excitement is real; but with 88% concentrated in the top 10, transfer taxes, and a dead website, chasing the pump just means you’re helping someone else ride up. Put it in the watchlist and don’t touch it.
Risk disclosure: This does not constitute investment advice. Alpha projects are high risk and may go to zero.
Have you ever seen a coin keep rising after its website went offline? Drop a comment below 👇 Follow for more, and I’ll keep digging tomorrow.
#BinanceAlpha #On-chain Observation
Let me start with the conclusion: watchlist, and on the cautious side.
Today I went through the Alpha leaderboard and excluded the ones I’d already written about. The top gainer was this one: +18.8% in 24 hours, price at $0.00667, and FDV only $1.35 million. The most eye-catching thing is the volume—$917k poured in over 24 hours across 15,600 trades, with turnover close to 70%. Buys were 7,880 trades for $462k, sells were 7,710 trades for $455k. Buying and selling were almost split down the middle, and the price was pushed up like that 💸
The pool is actually pretty deep: the main BILL/USDT pool has $1.84 million, with total liquidity of $4.05 million, about 3 times the size of the market cap. That’s stronger than many Alpha small-cap coins; if you want to dump it, you’ll have to work for it.
But there are real problems too:
The top 10 addresses hold 88% of the supply, and both buys and sells are taxed—2.75% on buys, 3% on sells 😅
The funniest part is the website—it claims to be the token of Billions Network, launched in early May, and after more than 5 months, the website is already inaccessible.
There are some good signs too: 88 smart-money addresses are in it, 10 whales, and the bundled-pool ratio is 0.8%, which isn’t high. This rally doesn’t look like it was manufactured by a bunch of bot accounts; real people are buying and selling.
In plain terms: the pool is deep, and buying/selling is balanced, so the short-term excitement is real; but with 88% concentrated in the top 10, transfer taxes, and a dead website, chasing the pump just means you’re helping someone else ride up. Put it in the watchlist and don’t touch it.
Risk disclosure: This does not constitute investment advice. Alpha projects are high risk and may go to zero.
Have you ever seen a coin keep rising after its website went offline? Drop a comment below 👇 Follow for more, and I’ll keep digging tomorrow.
#BinanceAlpha #On-chain Observation