Altcoin
Binance Reveals Major Airdrop Update For FLOKI & APE Holders, What’s Next?
Binance has unveiled its support for the Wise Monkey (MONKY) airdrop, bringing rewards to FLOKI and ApeCoin (APE) holders. Eligible users will receive MONKY tokens directly in their wallets, calculated based on token holdings.
This latest Binance news highlights the platform’s commitment to rewarding its user base while supporting emerging projects. With tailored distribution ratios, the MONKY airdrop promises added value for FLOKI and APE holders across the whole ecosystem.
Binance Confirms MONKY Airdrop for FLOKI and APE Holders
Binance has announced a significant update for FLOKI and ApeCoin (APE) holders, confirming its support for the Wise Monkey (MONKY) airdrop. With clear eligibility criteria and attractive distribution ratios, the event emphasizes its focus on delivering value and creating opportunities for its users.
According to the update, FLOKI holders will receive 0.35 MONKY for every FLOKI token, while APE holders are set to gain 804,828 MONKY per token. To qualify, users must hold at least 1 FLOKI or 1 APE in Binance wallets such as Spot, Funding, and Margin accounts.
The snapshot for APE will take place on November 29, and for FLOKI, it will occur on December 15. Deposits or withdrawals in progress during the snapshot will not count, ensuring only active balances are considered.
This airdrop could generate increased attention toward FLOKI and APE, potentially boosting their trading activity. FLOKI, a prominent top meme coin, continues to attract retail investors, while APE holds a strong position in the NFT ecosystem, offering long-term appeal. Binance’s involvement adds credibility and excitement to the distribution process.
While Binance, one of the top crypto exchanges, will manage the MONKY airdrop, the token’s listing on the platform is not guaranteed. Its inclusion will depend on whether MONKY successfully passes Binance’s rigorous review process. This reinforces Binance’s commitment to providing transparent and user-focused initiatives that support the broader crypto community.
FLOKI and APE Prices: Recent Trends and Market Performance
FLOKI price traded at $0.0002273, down nearly 5% during writing. The meme coin saw a 24-hour high of $0.0002489, indicating the highly volatile scenario in the market. The token is down by 6% over the past week but has surged 70% in the last month. This rise is largely due to its recent Coinbase listing. With a market cap of $2.2 billion and a 24-hour trading volume of $701 million, FLOKI remains a strong player in the meme token market.
On the other hand, ApeCoin (APE) price was $1.50, down 2% from yesterday. Its 24-hour low and high range from $1.46 to $1.62. APE benefits from its connection to the Bored Ape Yacht Club. It has a market cap of $1.14 billion and a $367 million trading volume. Both FLOKI and APE remain in the top 100 coins by market cap, showing their strong presence in the crypto space.
In addition, FLOKI and APE both continue to show strong performance. Besides, the recent Binance update is also expected to provide an additional boost to the tokens. For example, when THENA was listed on Binance, it experienced a massive 500% price jump. This trend highlights the influence Binance’s listing can have on a token’s market value, potentially providing additional momentum for coins like FLOKI and APE.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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