When everyone is scrambling for airdrops, what is smart money positioning itself for?

CN
6 hours ago

In recent weeks, the hype around Binance Alpha has been at an all-time high.

From the secondary market to $KITE, $TIMI, $MMT, new "airdrop grabbing" projects are launched every day, with user scores, reverse orders, and point multipliers becoming the new wealth codes.

However, behind this "speed competition" game, market sentiment and capital flows are quietly changing.

When everyone is grabbing airdrops, what is smart money laying out?_aicoin_image1

🪂 Behind the Airdrop Frenzy: Short-term Gains and Systemic Risks

The new airdrop model launched by Binance Alpha has given ordinary users their first opportunity to access early project dividends. TIMI uses points to exchange for airdrop qualifications, PING leverages the x402 protocol to ride on Coinbase traffic, and KITE binds Launchpool with Alpha's dual airdrop channel, all representing short-term gains.

But at the same time, we also see:

Extreme short-term volatility: Price differences before and after launch can reach several times;
Continuous selling pressure: Airdrops and unlocks overlap, making high points prone to retracement;
Temporary concentration of liquidity: Heat transfers quickly, and missing the window can easily lead to reverse harvesting.

When everyone is grabbing airdrops, what is smart money laying out?_aicoin_image2

Many Alpha users have summed it up realistically: "The faster the hand speed, the higher the risk; the more tempting the profit, the shorter the duration."

⚙️ Smart Money's Strategy: From "Grabbing" to "Allocating"

Unlike the frenzy of retail investors, some funds are beginning to shift towards a portfolio-based layout.

They no longer simply chase airdrops but use Alpha as a filter—

Who can verify real trading volume early, who can quickly obtain real circulation, and whose ecological projects have strong extensibility, that’s who they invest in.

For example:

$MMT: A rare phenomenon of significant rise in the SUI ecosystem recently, with Alpha users earning over 800U on the first day;

$KITE: Expanding application scenarios by leveraging the concept of AI payment blockchain, becoming a convergence point of market heat;

Smart money is not completely exiting the hotspots but is using part of their positions to seek short-term gains while allocating another part to long-term themes.

Macroeconomic Situation: The Decoupling Period of Alpha and the Mainstream Market

Since October, BTC has been fluctuating around the 110,000 mark, while mainstream assets like ETH, SOL, and BNB have generally maintained neutral volatility.

Instead, the Alpha sector has become an independent market:

Daily trading volume remains at the level of 7 billion, with stable growth in track traffic. This means that Alpha has evolved from short-term activities into an independent high-frequency traffic ecosystem.

At the same time, Binance officially launched Alpha 2.0, allowing CEX wallets and on-chain accounts to connect, opening new pathways for future asset accumulation.

Every bull market has a new narrative—some double their investments through hotspots, while others preserve their capital through rhythm. True experts never place all their hopes on a single project. In the world of Binance Alpha, grabbing airdrops is the starting point, while building strategies is the endpoint.

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When everyone is grabbing airdrops, what is smart money laying out?_aicoin_image3

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When everyone is grabbing airdrops, what is smart money laying out?_aicoin_image4

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