Alpha ($SN3) opened incredibly low today. The fundamentals are mediocre, and information is incomplete, but the FDV is less than 20 million. This is probably one of the few projects in Binance Alpha's history to open so low. Hopefully, this will be a gamble on a value rebound. If the project team runs away with the money, that's a different story. Binance usually has a protection mechanism on the first day, right?
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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