The native token of Alt.town, TOWN, debuted on Binance Alpha today before listing on various centralized exchanges. While the project enjoyed a positive initial response with significant trading activity, concerns about potential pitfalls and fake tokens have emerged. 🧠🚀 Binance Alpha was the first platform to feature Alt.town (TOWN) on August 26th at 7:00 UTC, followed by listings on Gate.io, Bitget, and MEXC. The tokenomics of TOWN are structured in a way that allocates tokens for community airdrops (90 million), investor rewards (15.5%), and team reserves. The project’s total supply is 2 billion tokens, with the market cap currently hovering around $8.2 million as of press time. However, early volatility saw TOWN’s price dip after a sharp surge in trading volume, before settling at around $0.0180.