did anyone take a break from gravedancing to sanity check this data? also OKX wallet suddenly disappearing one day (??)
let's use the "5 Whys" method to diagnose:
1) why did Binance's mkt share suddenly spike? because its volume suddenly spiked, not because it actually took mkt share
2) why did Binance volume spike? because it's all volume on BNB / BSC
3) why did BSC volume spike? because it's all Polyhedra Network (ZK), B2 (BSquared), and SkyAI
4) why these tokens? because they're launching airdrops to Binance Alpha Points holders
5) why would a Binance Alpha Point airdrop drive volume? because ... you get more alpha points by doing more volume through Binance Wallet
🤡🤡🤡🤡
Nobody on CT is talking about this, but Binance Wallet quietly became the global level MetaMask killer, ate the whole lunch of OKX wallet after its prolonged shutdown. Its market share just rips after launching of the alpha program, turned the wallet into a meme farming engine + token gated airdrop club + yield shovel
80% market share
4.3M new users in a week
It’s not just a wallet anymore, it’s the funnel
if you are founder looking for effective distribution you can't overlook this
70.93K
417
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.