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Binance Launches Binance Alpha to Support New Altcoins

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by Giorgi Kostiuk

10 months ago

Binance, the world's largest cryptocurrency exchange, has announced the launch of a new platform called Binance Alpha aimed at promoting early altcoin projects.

Launch of Binance Alpha

Yesterday, Binance announced the launch of a new platform named Binance Alpha. This platform is designed to promote early-stage projects in the altcoin arena.

Initial Projects

Today, the first five altcoins have been announced for the Binance Alpha platform. These projects are: KOMA, Cheems, APX, ai16z, and AIXBT. Binance noted that being featured on Binance Alpha does not guarantee an exchange listing.

Future Plans

Binance stated that the second batch of altcoins for Binance Alpha will be released in about two hours. It will include three projects on Ethereum, one on the BNB Chain, and one on Solana. Following the Binance announcement, there have been significant increases in altcoin prices.

Binance Wallet is now live with the first batch of Binance Alpha Projects. Discover the five latest tokens spotlighted for your exploration.

The launch of Binance Alpha opens new opportunities for early altcoin projects. The initial impact on the market is already visible with significant price increases following the announcement.

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