Binance Alpha successfully held its 23rd exclusive Token Generation Event (TGE), launching the SGC token associated with B3K Games on June 13, 2025.
Launch of SGC Token in Binance Alpha
The SGC token was introduced during Binance Alpha’s 23rd exclusive TGE on June 13, 2025. Participation in the event was available only to users who had accumulated 240 Alpha points. Subscription was open from 4:00 PM to 6:00 PM (UTC+8). As stated by Binance, "B3K Games’ $SGC token. Subscription opens from 4:00 PM to 6:00 PM (UTC+8) on June 13, 2025. Eligible users must participate using Binance Alpha."
Financial Indicators of SGC Token
According to CoinMarketCap, the newly launched SGC token has a market cap of $5,653,412 and a fully diluted valuation of $27,601,182. At launch, the token's price remained unchanged over the last 24 hours but has seen a drastic decline of 58.49% over the past 90 days.
Binance Alpha's Strategy for User Engagement
By continuing to utilize Alpha points to incentivize participation, Binance aims to strengthen its user engagement. The launch of the SGC token is part of the company’s broader strategy to foster loyalty among users; however, there have been no notable comments from influencers or key figures in the cryptocurrency community regarding this launch.
The launch of the SGC token in Binance Alpha showcases the company's efforts to strengthen its user base through a points system and exclusive offerings. Meanwhile, the market has not shown significant reactions to this event.