Underwater Observation Diary 9.26 The price of shell projects listed on Binance Alpha + contracts might drop temporarily due to the BG hack before bouncing back. You all know how the recent high-control contract pump-and-dump schemes work. The real selling points are BG and Gate. Without BG, the chain loses half a link. But honestly, $300M+ is nothing for BG. Meanwhile, the number of projects that can make it to Binance Alpha + contracts is dwindling because VC coins are pretty much dead: 1. This morning, the Solana chain launched a big gold $e/acc, driving the platform coin Paid to pump 3x directly. Vitalik's $d/acc had a slight reaction—wonder if this new $e/acc will trigger him further. 2. After Arc chain's one-day hype, it’s barely getting attention now. But in reality, the leader Argus is still relatively stable and continues its burn process. I personally picked up some Polly as a potential Alpha. Although the platform’s previous token operations were pretty ruthless, the FUD accumulation strategy is familiar to everyone. The key is that the buyback and burn numbers rank among the top on Arc chain. Now the official team has confirmed it’s a platform token, so it’s locked in—no more changes, right? Current market cap: $670K. 3. Binance directly listed Brew and Gstock yesterday—two Alphas, one high and one low. The results are predictable. Now it’s platform wars, and everyone’s in for a treat. One ticker spawns 100 platforms, and those 4 tickers—pick your hero and join the battle! That’s all for today. Haven’t written a diary in ages, gotta get back into the groove.