| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107286.9300000000 |
| ETH | $2433.8370000000 |
| BNB | $645.7291200000 |
| XRP | $2.1935950000 |
| ADA | $0.5626596000 |
| SOL | $149.0878000000 |
| DOGE | $N/A |
| DOT | $3.3701800000 |
| LTC | $86.7365000000 |
| LINK | $13.2566300000 |
Category: CRYPTO NEWS
The post Binance Alpha Faces Potential User and Volume Decline Amid ZKJ and KOGE Flash Crash Concerns appeared on BitcoinEthereumNews.com. Binance Alpha experiences a significant user exodus and trading volume decline following the flash crash of tokens ZKJ and KOGE, triggered by large liquidity withdrawals from whale wallets. The platform’s trading volume plummeted 63% from its peak of $2.04 billion, reflecting diminished user confidence amid unsustainable costs and low profitability. A COINOTAG analyst highlighted the urgent need for Binance Alpha to reform its airdrop model and enhance transparency to restore trust and prevent market manipulation. Binance Alpha’s user base and trading volume sharply decline after whale-triggered crashes in ZKJ and KOGE tokens, highlighting urgent calls for platform reform and transparency. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Binance Alpha Faces Steep Decline in User Engagement and Trading Activity Recent data from Dune Analytics reveals a stark downturn for Binance Alpha, with active users dropping from 233,000 on June 12 to 195,000 by June 15—a loss of nearly 40,000 users in just three days. More concerning is the decline in active traders, which has fallen to approximately 55,000, signaling eroding confidence and engagement on the platform. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex =…
2025-06-18T13:45:10+00:00
https://bitcoinethereumnews.com/tech/binance-alpha-faces-potential-user-and-volume-decline-amid-zkj-and-koge-flash-crash-concerns/?utm_source=rss&utm_medium=rss&utm_campaign=binance-alpha-faces-potential-user-and-volume-decline-amid-zkj-and-koge-flash-crash-concerns