Binance, the world's largest cryptocurrency exchange, announced yesterday its new platform called Binance Alpha to promote early-stage altcoin projects.
Today, the first five altcoins selected for the Binance Alpha platform were announced.
Accordingly, Binance Alpha announced the first group of projects as KOMA, Cheems, APX, ai16z, and AIXBT.
While Binance Alpha is considered the pre-selected pool for Binance listings, it has also been noted that publishing an altcoin here does not guarantee that it will be listed.
Binance announced that it will release the second batch of altcoins for Binance Alpha in about two hours, with 3 of them on Ethereum, 1 on the BNB Chain, and the last 1 on Solana.
Following the Binance announcement, there were major increases in altcoin prices.
Binance Wallet is now live with the first batch of #Binance Alpha Projects!
Discover the 5 latest tokens spotlighted for your exploration. 👇 https://t.co/jEkUBnozRo
— Binance (@binance) December 18, 2024
*This is not investment advice.
