Binance Alpha trading volumes don halve, investor caution dey affect ZKJ and KOGE
Binance Alpha, di coin launch platform wey Binance get, don see dia daily trading volume drop by 51% from $2.04 billion peak for June 8 reach $987 million for June 14, according to Dune data. Big altcoins like ZKJ ($703 million volume) and KOGE ($159 million) dey lead di trading but now dem face negative technical signs, including bad funding rates. Di fall for volume show say investors dey get more fear to take risk, as many people dey back off because promotional activity don reduce plus market no too dey volatile again. Market feeling don split, as some cautious traders and short-term speculators dey dey different sides. This change show Binance Alpha get some strong weaknesses, like higher slippage risks and possible Miner Extractable Value (MEV) abuse, mainly for big trades. If no new campaign or better bot control come, platform liquidity fit continue to go down, e go make market depth slim and prices more jumpy. Di current trend mean say majority of individual traders just dey watch and wait, while automated strategies dey run most trading. Cryptocurrency traders suppose monitor trading volumes and market feeling for launch platforms like Binance Alpha to know if innovation dey or if investors confidence dey stabilize.
Bearish
Di sharp drop wey happen for Binance Alpha trading volume, together with bad technical signs for big altcoins like ZKJ and KOGE, dey show say liquidity don reduce and market risk don increase. The split feeling and the way individual traders dey just dey watch without action mean say buyers no too interested and market no too deep. Similar time wey launch platform activity small before, e dey usually cause more price waka up and down, especially if new investors no show or if technical innovation no come. For now, this kind situation mean say short-term risk for tokens on Binance Alpha and maybe for projects wey launchpad dey run go still dey until market trust return.