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Binance Alpha Trading Volume Plummets to $531 Million as Activity Hits Nearly Two-Month Low

Binance Alpha recorded a significant decline in trading activity, with daily volume falling to approximately $531 million. This marks the lowest level observed since May 12, indicating a pronounced cooling-off period for the platform.

The BR token dominated trading, accounting for the lion’s share of volume at $320 million. Following BR, ROAM secured the second position with $42.85 million in trades, while KOGE registered $31.92 million in volume. The data underscores the concentrated trading activity around these key assets within the Binance Alpha ecosystem.

This sharp decrease underscores shifting market dynamics and highlights the current lack of broader market participation. Observers are advised to closely monitor volume trends on the platform as a critical indicator for understanding evolving liquidity conditions.

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