about binance alpha:
Binance Alpha’s been catching heat lately for wash trading vibes. X users are calling out token launches where single wallets grab 77-80% of tokens right off the bat, looking like bots pumping fake volume. The points system’s also shady—folks say it pushes big traders to farm volume like crazy, leaving small players with crumbs. Plus, Binance’s got a history with wash trading accusations, like that 2019 report claiming 10% fake volume and a 2023 SEC lawsuit alleging sketchy trades. No hard proof ties it all to Alpha, but the chatter’s loud. Check on-chain data on Dune Analytics yourself—crypto’s wild, so stay sharp and dig deep before trading!