DWG Ventures: Meme coins and AI coins dominate Binance Alpha project, with approximately 10% on the spot market
According to online reports, DWG Ventures issued an article on the X platform saying,"Since Binance Alpha was launched in December 2024, Binance Alpha has launched more than 190 projects, of which more than 70% have a current market value of less than US$50 million. Meme coins and AI tokens dominate, and DeFi projects rank third. The number of Meme coins and AI agent projects exceeds the number of all other tracks on the chain combined. Solana is the most commonly used public chain for selected projects, followed by BNB Chain and Ethereum. About 10% of Alpha projects have been successfully transferred to the spot market, and a total of 19 projects have been launched in spot. DeFi and Meme coins have the highest success rate in converting to spot. Projects that move from Alpha to the spot market usually have active social media popularity, high transaction volume, and a leading position in hot segments on the chain."
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