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Out of 29 Tokens Launched on Binance Alpha, 17 Surge While 12 Decline
As the cryptocurrency market continues to evolve and grow in complexity, it’s essential for investors to stay informed about the performances of various tokens. In recent news, data from crypto analysts Sankin has revealed that out of a total of 29 tokens launched on Binance Alpha, a staggering 17 have seen their values increase while 12 experienced declines.
The AI agent tokens emerged as the top-performing category, accounting for 31% of all the listings. The DeFi and meme coins categories tied for second place, with both sectors representing approximately 27.6% of the overall total. Meanwhile, decentralized science (DeSci) and decentralized autonomous organizations (DAOs) made up a relatively smaller portion of just 13.8%.
Interestingly, the performance of these tokens varied significantly by blockchain network. According to Sankin’s findings, BSC dominated the listings, accounting for over 41% of all assets, with Solana coming in second at around 27.6%. Ethereum and Base split the remaining 31% between them, with the former claiming about 17.2% of the projects and Base accounting for approximately 13.8%.
Notable trends include the decline of several tokens, including AIE16Z and Fartcoin, which suffered losses of 18.53% and 16.38%, respectively. On the other hand, a number of assets such as those from the AI agent category showed impressive gains.
This data provides valuable insights for investors looking to make informed decisions in today’s fast-paced crypto market.
Source: cryptopotato.com
