Binance has unveiled its latest altcoin airdrop, generating significant interest in the cryptocurrency community.
The newly introduced cryptocurrency, BANANA Token, will be listed under several trading pairs including BTC, USDT, BNB, FDUSD, and TRY starting July 20 at 09:00 UTC.
This risky asset will debut with a “seed label” akin to Coinbase’s experimental tag
Users participating in Simple Earn products by staking BNB between June 23, 2024, and July 5, 2024 (UTC) will receive tokens through the airdrop.
The BANANA HODLer Airdrop page is set to go live within a few hours, distributing tokens to spot wallets one hour before trading commences.
The total token supply amounts to 10 million, with Binance distributing 800,000 tokens via the airdrop. Notably, a whale acquired 500,000 tokens prior to the official announcement by Binance.
A well-known crypto analyst is warning that Maker (MKR), a prominent decentralized finance (DeFi) altcoin, may be heading for a correction based on technical analysis.
Ethereum (ETH) has made a notable recovery, surging over 12% since it dropped to $2,460 on February 3, following the broader downturn in the cryptocurrency market.
XRP’s price remains stuck in a tight range as investors assess the fallout from the Bybit hack. Despite a broader selloff, the token has managed to hold above $2.5, though its recent price action suggests uncertainty.
A well-known crypto analyst sees potential in the Solana-based memecoin dogwifhat (WIF) but remains cautious.