#OWL has completely cooled down! From a daily trading volume of over 2 billion to not even gathering 3,400 "bailout" players
Once the dominating figure #Alpha on Binance, OWL has now completely cooled down!
In the beginning, it relied on a daily trading volume of 2 billion to 3 billion to play with the retail investors, but what happened? The project team said they would dump, and the price plunged like a roller coaster, leaving a group of trapped retail investors at the top of the mountain to feel the wind.
Now, the Binance Alpha Phase II OWL trading competition awkwardly discovers: not even 3,400 participants can be gathered. On the event page, both “Your trading volume” and “Current minimum trading amount to be listed” show zero, starkly declaring that this “cutting leeks competition” has completely gone unnoticed. The once bustling “volume-faking” army now votes with their feet, preferring to lie flat rather than take over.
Going against the current, if you don’t advance, you retreat. The fall of OWL from peak to trough has also sounded the alarm for Binance Alpha. If the platform continues to condone such leek-cutting behavior, it will ultimately exhaust user trust, plunging the entire ecosystem into silence. We hope Binance Alpha can learn from the pain and reform towards a healthier, more transparent direction, so that the tragedy of the next “OWL” does not happen again.
We look forward to Binance Alpha getting better and better! Reform and innovation are imperative!
Today is a lucky day, just managed to squeeze in, became the backup goalkeeper 😹😹😹😹😹😹$BNB
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