What Is CoinAlpha (ALP)? Coinalpha is a token which runs code each time it is executed for various use-cases, including real-time and historical decentralised on Binance Smart Chain. ALP is the utility token that is used for: 1. Governance of the ALP Ecosystem 2. Staking 3. Payment for Coinalpha Ads service. How Many ALP Coins Are There in Circulation? ALP launched with 1,000,000,000 coins with a deflationary model to begin with, to discourage swing trading. The launch was a fair IDO with 50 BNB and 550,000,000 ALP (55% of total supply ) locked in Pancakeswap for for 12 months.