Leading cryptocurrency exchange #Binance is introducing various innovations in the field of Fan Tokens in the crypto ecosystem. It was discovered that Fan Tokens have a usage area, thanks to the Binance Fan Token platform.

#Alpine Fan Token, one of Binance's fastest fan tokens, represents Alpine F1 Team, one of the favorite teams of Formula 1.

Before 2021, Alpine was called Renault. The French automaker rebranded the outfit with the name of its sports car brand. With two-time champion Fernando Alonso and teenager Esteban Ocon, Alpine is first among second-tier teams in 2022.

In the race that continues in 2023, the Alpine team ranks 5th. After a little general knowledge, how about getting to know Alpine Fan Token?

Ecosystem giant Binance signed a sponsorship and token agreement with Alpine F1 and added Alpine to the #fantoken family. Alpine was introduced as the 27th project on Binance Launchpad.

Users who committed BNB on 16/02/2022 were entitled to receive Alpine Fan Tokens worth 1 USD pre-sale. During the initial listing, Alpine realized an ATH that climbed to 18.95 USDT.

Of course, users who adopted tokens at a price of 1 USD gained an increase of up to 18X.

Alpine Fan Token Tokenomics

  • Stock Exchange Listing: Alpine

  • Pre-Sale Value: 1 USD

  • Pre-Sale Method: Binance Launchpad (BNB Participation Mechanism)

  • Total Supply: 40,000,000 Alpines

  • Circulating Supply: 11,360,000 Alpines

Alpine Price Performance

  • All Time High Price (ATH): 18.96 USDT

  • All Time Low Price (ATL): $1.26 USDT

  • Low and High Price in Last 30 Days: $1.75 / $2.58

  • Lowest and Highest Price in Last 90 Days: $1.75 / $5.73$

  • Lowest and Highest Price in Last 1 Year: $1.75 / $5.73$

Alpine Fan Token Technical Analysis

  • Alpine F1® Team Fan Token recorded 13/30 (43%) green days with 10.73% price volatility over the last 30 days.

  • In the daily bot signal, 10 technical analysis indicators give bullish signals, while 19 technical analysis indicators give bearish signals.

  • Alpine F1® Team Fan Token is currently trading below the 200-day simple moving average (SMA). The 200-day SMA has been giving a SELL signal for the last 40 days since May 06, 2023.

  • Alpine F1® Team Fan Token price is currently below the 50-day SMA and this indicator has been giving a SELL signal for the last 41 days since May 05, 2023.

  • Currently, the RSI value is at 35.57, which indicates that the ALPINE market is in a neutral position.

  • However, in the fan token bull, it can easily see gradual levels of $ 4, $ 8.

Support and Resistance Levels

Based on the pivot point (P1) at $1.985066, Alpine F1® Team Fan Token has support levels at $1.793127, $1.636928 and the strongest at $1.444990. Similarly, Alpine F1® Team Fan Token resistance levels are $2.14, $2.33 and $2.49.