Binance Alpha, February 5th airdrop notice, yesterday's airdrop was quite disappointing, with a maximum of only 28 dollars. There is a contract announcement but no price surge, hoping for a bigger gain today to help everyone recover some losses. By the way, are there any friends who haven't sold since yesterday's airdrop?
February 5th (today)
1. If there is no announcement before 3 PM, it is likely an old coin raid, between 4:00 PM and 7:00 PM, 232 points+, 30 dollars.
Score brushing suggestions:
1. It is recommended to use WMTX (21 days), or other relatively stable coins, no restrictions on coin types, whoever is stable should be used. Recently, everyone has been caught badly, if there are no big gains in this cycle, it is hard to make a profit.
Airdrop returns are still closely related to the market trend. If the market is bad, there are unlikely to be significant gains from airdrops. Recently, mainstream currencies like BTC, BNB, XPL have shown relatively average performance.
@Plasma For example, over the past month, $XPL has shown a pattern of first decline and then rise, followed by consolidation. Overall volatility is evident but the fundamentals continue to decline, bringing considerable emotional fluctuations to holders. At the beginning of the month, prices fluctuated in the range of 0.13-0.14 dollars, with transaction volumes maintained at the level of 80 million to 100 million dollars, and market sentiment was cautious, with bulls and bears repeatedly battling at key support levels. On January 23rd, integrated with NEAR Intents, it opened up cross-chain liquidity for 25+ chains and 125+ assets, with trading volume jumping by 33% for a time, and prices briefly surged to 0.146 dollars, becoming the most clear favorable catalyst this month.
After mid-month, influenced by market adjustments, $XPL followed the drop, reaching a low near 0.12 dollars, with sufficient chip exchanges. At the end of the month, with the launch of the Binance CreatorPad content incentive activity (1.16-2.12, 3.5 million XPL rewards), community activity rebounded, stabilizing prices in the range of 0.13-0.14 dollars, and 24-hour trading volume returned above 100 million dollars. Technically, short-term moving averages are gradually leveling off, and MACD shows a bottom divergence signal, with selling pressure significantly reduced.
As a Layer1 focused on stablecoin payments, Plasma's ecological landing pace this month is clear, with cross-chain and application-side advancing simultaneously. Although prices have not significantly broken through, the matching degree of valuation and ecological growth rate is improving. Overall, the support at 0.12 dollars is strong, and if it can stabilize above 0.125 dollars, it is expected to open up upward space; unfortunately, it has already fallen below 0.12, so be cautious of further adjustments. #Plasma
#plasma $XPL