I always warn you about coins like these, especially Binance Alpha tokens. These are among the coins that have caused traders the most losses, whether through Futures contracts or Spot trading.
Some people assume that because a project is listed on Alpha, it must be a good project. But think about it: if these projects are really that strong, why haven't they been listed on the main Spot market?
Take $NIGHT as an example. It wasn't listed on Spot until there were stronger confirmations about the project's potential. Since its Spot listing, the project has continued to show strength and its price has remained on an upward trend.
Meanwhile, there are other projects that have already reached their peaks but still haven't made it to Spot. Their price movements raise concerns about possible manipulation, and that's clearly not something the platform or traders want.
This is why you need to be very careful when trading Alpha market tokens. A listing on Alpha alone doesn't mean a project is strong or that its price will continue rising.
Some people assume that because a project is listed on Alpha, it must be a good project. But think about it: if these projects are really that strong, why haven't they been listed on the main Spot market?
Take $NIGHT as an example. It wasn't listed on Spot until there were stronger confirmations about the project's potential. Since its Spot listing, the project has continued to show strength and its price has remained on an upward trend.
Meanwhile, there are other projects that have already reached their peaks but still haven't made it to Spot. Their price movements raise concerns about possible manipulation, and that's clearly not something the platform or traders want.
This is why you need to be very careful when trading Alpha market tokens. A listing on Alpha alone doesn't mean a project is strong or that its price will continue rising.
