Since the recent BN Alpha revamp, the overall situation has improved a lot, so it's time to really start paying attention.

1/ Overall Changes

The previous listing pace, which used to be up to three per day, has now changed to possibly three per week.

All tokens are currently day 1 alpha, with no direct contract listing. Those with contract potential are only made available on the second day ($IRYS $RLS $POWER ).

So far, none have been listed on the spot market, so this area still needs to be observed and the standards speculated (personally, I think only $IRYS seems more promising).

As for token price movements, the opening market cap is mostly within the normal valuation range, with a few opening lower. The former smooth downward trend is gone; instead, after opening, there’s a waiting period for selling pressure to be digested before a potential upward correction.

If you’ve played alpha new tokens before, you can directly spot some signals from the candlestick chart (key points, support levels, sideways movement, and whether there’s volume—look at all these aspects together).

2/ Core Changes in Research

These changes have brought fundamental research back on track.

"Are the fundamentals good, is the background solid, does the project team have money?" These have become the three main criteria for assessment.

Fundamentals determine whether there’s spot potential, but don’t affect the contract listing (this still needs to be verified).

A strong background and sufficient funds largely determine whether a token can get a contract listing; fundamentals are a plus, but not a necessity.

For key post-opening price levels, the main references are VC investment costs and presale/launch prices (if available). These two levels are still relevant for now.

———

As a result, it’ll be hard for us to see the emergence of those $MYX $COAI meme coins again in the future. Earning a bit of pocket money is already pretty good.