Key Points
- Binance Alpha listed 5 more coins: CKP, GEAR, SD, SYRUP, FARTCOIN
- The second listing comes following the first batch of 5 tokens listed earlier on the newly-launched platform.
Binance Alpha announced the second batch of five tokens listed today on the platform. These are tokens on Ethereum, BNB Chain, and Solana.
This new platform is meant to shine the spotlight on early-stage projects that Binance considers to have growing potential in Web 3.
2nd Batch of Tokens Listed on Binance Alpha
1. Cakepie (CKP)
CKP‘s price skyrocketed from $6.7 to over $11.7 after Binance Alpha listed the coin. Now, CKP has a market cap of $8.57 million, up by over 70% today.
CKP is a coin on BNB Chain, the governance token of Cakepie. Cakepie makes real yield accessible by leveraging Pancake Swap’s veCAKE model.
2. Gearbox Protocol (GEAR)
GEAR‘s market cap spiked from around $92 million to over $111 million after the listing on Binance Alpha. Now, the token has a market cap of $109 million.
Gearbox announced over $5 million in revenue, $7 billion in volume traded, over 10,000 users and more than 40 integrations.
Gearbox is a generalized leverage protocol allowing users to take leverage in one place and use it across DeFi protocols and platforms.
3. Stader (SD)
SD‘s market cap spiked from $48 million to over $51 million today, after being listed on Binance Alpha. Now, the token has a market cap of over $50 million, up by 3% today.
The team behind the project announced in a post via X on December 17 that SD has been listed on Caleb & Brown, an important Bitcoin and crypto brokerage.
Stader project builds key staking middleware infrastructure for multiple PoS networks for retail crypto users, exchanges, and custodians. Third parties can use their components to build custom solutions.
4. Syrup Finance (SYRUP)
SYRUP‘s price spiked from $0.18 to over $0.2 today after the token was listed on the Binance Alpha platform.
On December 17, the team behind the project announced that the head of Alpha Strategies, Jeff Park, announced that its TVL will be able to surpass BlackRock’s BUIDL due to surging decentralized market adoption.
Syrup is a platform that allows yield access via collateralized lending to institutions.
5. FARTCOIN
FARTCOIN surged by almost 20% today. The coin’s market cap spiked from over $863 million to more than $901 million after it was listed on Binance Alpha. Now, FARTCOIN has a market cap of $889 million.
On December 17, the X account of FARTCOIN reposted a Bitget post saying that the coin overtook GOAT in AI memecoin market with a 180% weekly surge.
FARTCOIN is a memecoin on Solana.
Earlier today, Binance Alpha listed the first batch of five tokens on BNB Chain, Solana, and Base, including dog-themed coins and AI coins: KOMA, CHEEMS, APX, ai16z, and AIXBT
