The crypto exchange confirmed its support for the Wise Monkey airdrop, which means rewards are coming for FLOKI and ApeCoin holders.
If you’re eligible, you’ll receive MONKY tokens directly in your wallet based on how many tokens you hold.
Apes strong together
This latest update from Binance shows they’re serious about rewarding their users while backing up emerging projects.
The MONKY airdrop is designed to add value for FLOKI and APE holders, making it a win-win for everyone involved. So, what can you expect?
FLOKI holders will get 0.35 MONKY for every FLOKI token they hold, while APE holders will get 804,828 MONKY per token.
To qualify, all you need is at least 1 FLOKI or 1 APE in your Binance wallets, whether that’s Spot, Funding, or Margin accounts.
When free money?
The snapshot for APE happened on November 29, and for FLOKI, it’s set for December 15. Just a heads up, any deposits or withdrawals happening during the snapshot won’t count, so make sure your balances are active.
This airdrop could really stir things up for FLOKI and APE, likely boosting their trading activity.
FLOKI is already a popular meme coin that continues to draw in retail investors, while APE holds its ground in the NFT scene, making it appealing for the long haul, and now with Binance backing this initiative, excitement is definitely in the air.
Will MONKY make it to Binance?
While Binance is handling the MONKY airdrop, there’s no official guarantee that the token will be listed on the platform, because its inclusion will depend on whether MONKY passes Binance’s review process.
As of now, FLOKI is trading at $0.0002273, down nearly 5% at the time of writing. It hit a 24-hour high of $0.0002489, showing just how volatile this market can be.
Despite being down 6% over the past week, FLOKI has surged 70% in the last month, largely thanks to its recent listing on Coinbase.
With a market cap of $2.2 billion and a trading volume of $701 million, FLOKI is still a strong contender in the meme token arena.
On the other hand, ApeCoin is priced at $1.50, down about 2% from yesterday. Its trading range over 24 hours has been between $1.46 and $1.62.
Thanks to its ties with the Bored Ape Yacht Club, APE maintains a market cap of $1.14 billion with a trading volume of $367 million.
Both FLOKI and APE are holding their ground in the top 100 coins by market cap, showcasing their solid presence in the crypto market.
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