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Just In: Binance Alpha Token Suddenly Loses 99% in Seconds, What's Happening Now?

Thu, 9/10/2025 - 7:59
Token on Binance Alpha lost some serious value in matter of seconds, which is not good look for platform
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Just In: Binance Alpha Token Suddenly Loses 99% in Seconds, What's Happening Now?
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The Binance Alpha with ticker AB token saw a collapse early on Oct. 9, falling from $0.0083 to $0.0000051 in just two minutes, a 99% drop, according to market data from Binance. Although the price has since slightly recovered to $0.00151, it is still down over 80% for the day, indicating what looks to be one of the most severe intraday crashes of any asset listed on Binance this year.

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Extreme volatility surge

An increase in trading activity coincided with the extreme volatility. Over 573,000 tokens were exchanged in a brief period of time, generating a 24-hour volume of over $5 million. At about $2.17 million, the token’s liquidity is still incredibly low, and its market capitalization is close to $93 million. Data shows that the top 10 holders own more than 97% of the total supply of AB, a degree of concentration that leaves the token extremely vulnerable to abrupt liquidity drains or price manipulation.

Several possibilities come to mind when discussing possible causes:

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Regarding the incident, Binance has not yet released an official statement. The token’s recovery is still uncertain as of right now, and the high volatility emphasizes the dangers of newly launched or thinly traded tokens, especially those with a high holder concentration. As the cause of the crash is not clear, staying away from the token is probably the wisest decision right now.

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