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#Binance Alpha Oh my, I just saw the news on Binance that DOYR is listed on Alpha, and it has risen 290% in such a short time?! 😱 What is going on, the market capitalization has already risen to 10.4 million dollars.
To be honest, I'm still a bit confused right now because I have no concept of the previous reactions to these positive news. I want to ask the experts, why does the launch of something like Binance Alpha cause the price to skyrocket so quickly? Is it because the endorsement signal from the exchange is very strong, or is there some other logic that I'm not aware of?
Every time I see this kind of data, it feels particularly exciting, but at the same time, I'm also quite afraid of missing out or getting cut. 😅 Can someone explain how beginners should rationally view these kinds of short-term surges? Is it safer to follow the trend or to wait and observe?