The crypto market took a significant downturn this week, resonating deeply with traders and investors alike. The CMC Fear & Greed Index has dropped to a fear-dominant score of 29, reflecting a prevailing anxiety in the market. Bitcoin’s dominance remains stable at 58.9%, but it’s worth noting that the total market cap has slipped by 0.51% to approximately $3.15 trillion. Trading volumes have similarly declined, falling 0.68% to around $196.11 billion. In the midst of this turbulent environment, Binance Alpha is maintaining its aggressive listing strategy, with two noteworthy launches scheduled for December 11: Talus Network (US) and BeatSwap (BTX), both incentivizing users with airdrops based on Alpha Points.
In the face of broader market fear, one micro-cap token, DOYR, has managed an astounding 5,891% gain over a single week, marking it as a standout amidst the gloom. The crypto space is currently bustling, especially with new listings creating excitement, even as the overall market cap for Binance Alpha boasts a considerable $15.001 billion and a trading volume of $8.422 billion.
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DOYR: Surged by 5,891% in seven days, despite overwhelming market fear.
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Binance Alpha Statistics: Market cap stands at $15.001 billion; trading volume recently reached $8.422 billion.
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Upcoming Listings: Talus Network (US) launches on Dec. 11 at noon UTC, while BeatSwap (BTX) is set for release at 10:00 a.m. UTC.
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Airdrop Criteria: BTX required 241 Alpha Points for a claim of 1,200 tokens, while US required 236 points for 2,000 tokens—both thresholds surpassing the 140-point benchmark established by Infinity Ground.
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Trending Tokens: Jelly-My-Jelly saw a 24-hour trend uptick of +45.25%, whereas DeAgentAI dropped -61.43%.
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Fear & Greed Index: Currently at 29/100, indicating an extended streak of fear within the market.
Binance Alpha’s current market cap stands at $15.001 billion, complemented by a trading volume of $8.422 billion. The platform has been actively listing new projects and providing continued airdrop distributions, which keeps user engagement alive even in turbulent times.
The juxtaposition of Binance Alpha’s ongoing listing activity against the stagnant price performance of established tokens creates a uniquely interesting scenario. Established tokens are facing significant selling pressure, primarily due to deleveraging and a risk-off sentiment prevailing in the market. Bitcoin’s dominance at 58.9% has drawn liquidity away from many altcoins, with the Fear & Greed Index maintaining a woeful score of 29/100, indicating the markets have been entrenched in fear for several weeks now.
Three primary factors have contributed to the recent sell-off. Firstly, Bitcoin’s rejection below the $103,000 mark instigated a notable $164.19 million in liquidations within a mere 24 hours, predominantly impacting overleveraged long positions. Secondly, open interest has seen a 4.77% increase, now sitting at $841.1 billion, while funding rates have surged by 15.48%. This indicates that traders are bracing for volatility amid this shaky landscape. Thirdly, social sentiment has scored a moderate 4.9/10. Narratives around institutional adoption, such as Solana’s recent JPMorgan debt deal, are clashing with concerns surrounding exchange security and skepticism about Central Bank Digital Currencies (CBDCs).
Interestingly, despite these bearish signals, Binance Alpha continues to roll out new listings. This strategy clearly underscores a priority on user retention and growth of the ecosystem rather than immediate price performance metrics.
As the market grapples with uncertainty, Binance is focusing on launching two significant listings: the Talus Network (US) and BeatSwap (BTX). These launches provide users with opportunities to stake their claim in newly listed tokens, utilizing the Alpha Points system that rewards active participation.
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Talus Network (US): Launches on Dec. 11 at noon UTC, requiring 236 Alpha Points for 2,000 US tokens, with a claim process requiring 15 points per claim and a 24-hour confirmation window.
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BeatSwap (BTX): Scheduled for Dec. 11 at 10:00 a.m. UTC, with a requirement of 241 Alpha Points for 1,200 BTX tokens, adhering to similar claiming structures.
Both of these airdrop criteria surpass the 140-point benchmark set by Infinity Ground. However, it remains unclear whether Binance will impose higher thresholds for future Alpha launches.
Despite the overarching market weaknesses, several Alpha tokens managed to deliver impressive returns, particularly DOYR, which experienced a staggering gain of nearly 5,891%—though it did encounter a 24.07% pullback in the last 24 hours, suggesting profit-taking behavior among early buyers. Pippin, with its $329.7 million market cap, also stands as one of Alpha’s more robust players, offering attractive liquidity compared to smaller tokens. Power Protocol also distinguished itself with a 4.05% daily gain, which is relatively rare among those enjoying a robust weekly performance.
Weekly Highlights:
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DOYR (DOYR): +5,891.47% to $0.004715, $4.7 million market cap, $21.5 million volume.
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Mind Network (FHE): +191.84% to $0.04551, market cap of $15.97 million, with $14.4 million in volume.
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Power Protocol (POWER): +172.38% to $0.2205, boasting a market cap of $46.3 million and $32.1 million in volume.
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SentismAI (SENTIS): +90.66% to $0.1804, with a market cap of $35.36 million and volume at $119.3 million.
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Pippin (PIPPIN): +78.62% to $0.3297, a market cap of $329.7 million and volume reaching $64.7 million.
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GaiAI (GAIX): +76.05% to $0.2000, market cap at $32.8 million with $111.3 million volume.
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Humidifi (WET): +75.75% to $0.1968, sitting at $45.2 million market cap and $149.7 million in volume.
Despite the overall market downturn, performance among certain Alpha tokens appears contradictory, with users seemingly motivated by new listings and airdrop opportunities. However, caution is warranted. High volatility could lead to price corrections, as evidenced by DOYR’s withdrawal after its meteoric rise.
Market Dynamics:
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Jelly-My-Jelly (JELLYJELLY): +45.25% weekly, with a recent daily increase of +30.74%, alongside a market cap of $64.15 million and $123.4 million in volume.
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LAB (LAB): +18.05% weekly, though down 4.74% daily, with a market cap of $25.8 million and trading volume around $675.5 million.
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Cysic (CYS): +8.58% weekly and daily, with a market cap of $36.1 million and $82.6 million in volume.
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Yooldo (ESPORTS): +1.54% weekly and down -0.36% daily, market cap of $98.3 million and volume reaching $665.1 million.
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DeAgentAI (AIA): -61.43% weekly and -48.41% daily, with a market cap of $19.03 million and volume at $22.1 million, indicative of significant investor distress.
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Talus Network (US): Up slightly, +2.28% weekly and daily, with a market cap of $39.5 million and trading volume of $103 million.
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BeatSwap (BTX): Exhibiting mild growth of +1.90% weekly and daily, market cap at $8.99 million with a trading volume of $74.4 million.
The contrasting trends among these tokens paint a picture of a market that, while fearful, still holds pockets of profound opportunity and engagement.
In terms of participation dynamics, the Alpha Points system allows users to accumulate points by holding or trading eligible tokens on Binance Alpha. Importantly, only the last 15 days of activity are considered for eligibility, emphasizing the need for active engagement.
Participation Guide:
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Earn Alpha Points by holding or trading applicable Alpha tokens.
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Stay informed about Binance announcements via Binance News and the official X account.
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Redeem points on the Alpha Events page once trading commences.
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Note that requirements vary by project, for instance, Infinity Ground had a prerequisite of 140 points for 600 AIN tokens on July 5, 2025.
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Ensure claims are confirmed within the specified timeframes to maintain eligibility.
Staying in the loop about these evolving requirements is key to maximizing potential benefits. Following channels such as Binance News, Binance Square, and Binance’s X account will keep users up-to-date on the latest developments and participation opportunities.
As it stands, the CMC Fear & Greed Index has settled at 29/100, which is slightly lower than a day ago but has increased two points from last week’s score of 27. This gauge has lingered in the Fear territory for over a month, symbolizing a persistent aversion to risk, despite occasional market rebounds.
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Derivative Trends: Open interest jumped by 4.77% to $841.1 billion in the last 24 hours. Average funding rates climbed by 15.48%, suggesting a growing number of bets on volatility. Liquidations surged 63.31% to $164.19 million, predominantly affecting long positions—a sign of overleveraged trades.
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Social Sentiment Analysis: With a score of 4.9/10, social sentiment remains neutral but reflects market unease. Bullish announcements are countered by turbulent narratives centered on security concerns and CBDC threats. These conflicting messages create a complex landscape for traders.
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General Market Momentum: Recent performance by altcoins like SentismAI (+90.64% over the week) and Onyxcoin (+16.98%) showcases pockets of action amidst prevailing caution. The Altcoin Season Index is at 16, reflecting continued risk-off sentiment with a notable flow of capital towards Bitcoin.
The performance of Alpha tokens embodies this contrasting dynamic. In spite of fervent listing activity fostering engagement, price trends indicate a collective risk aversion among traders. The Alpha Point thresholds set for Talus and BeatSwap further indicate Binance’s strategy to sustain participant involvement in the face of reduced demand.
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Track Your Points: Given the expiration mechanism of the Alpha Points system, inactivity directly undermines future participation eligibility.
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Monitor DOYR and Mind Network: Tokens with recent surges often face profit-taking pressures as early adopters cash out.
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Watch the Fear & Greed Index: A bounce back to the “Neutral” zone may ignite altcoin rallies and enhance Alpha trading volumes.
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Check Funding Rates on Trending Tokens: Surges above 0.01% in tokens such as Jelly-My-Jelly may precede significant price corrections within a short timeframe.