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The new round of the Alpha trading competition is about to begin. This time, the rules have changed: both buying and selling will count towards the volume, and the trading volume of limit orders will be calculated at four times. This event will run from August 21 to September 4.
According to the current market conditions, the token values for participating in the competition are as follows: PLAY approximately 69U, REHA approximately 65U, IN approximately 67U, EGL1 approximately 61U, RION approximately 73U.
It is particularly important for investors to note that among these five tokens, only PLAY and IN have contracts. This means that the other three tokens cannot be hedged. Therefore, there is a potential risk: after the event ends, the prices of these tokens may drop significantly, resulting in losses for participants.
Although this competition offers new trading opportunities, it also comes with higher risks. Investors need to carefully consider and weigh potential rewards against possible risks when participating. It is recommended to fully understand the market performance and future development prospects of each token before making trading decisions. At the same time, attention should be paid to fund management to avoid over-investing in a single token.
Overall, this Alpha trading competition has brought new vitality to the market, but it also requires participants to have a higher level of risk awareness and market insight. Whether experienced traders or newcomers, everyone should be well-prepared and conduct thorough research before participating.