The cryptocurrency market is witnessing notable activity surrounding the tokens $BMT and $SHELL, linked to Binance's recent updates. $BMT's fully diluted valuation (FDV) briefly surpassed $200 million following its listing on Bithumb, with an initial FDV of $20 million during the subscription phase. It has since stabilized around $200 million. The token is recognized as part of the Binance Wallet and PancakeSwap's initial decentralized offering (IDO) model, with expectations for further developments, including future IDOs and listings. Analysts highlight the potential for $BMT to capitalize on Binance's growing influence and the recent surge in on-chain activity on the Binance Smart Chain (BSC). The market sentiment appears positive, with traders noting the opportunities presented by these new projects, especially in light of the recent updates to Binance Wallet and the anticipated rollout of Binance Alpha 2.0, which aims to enhance user experience and integrate decentralized finance (DeFi) capabilities.