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Bitcoin price is retreating towards the mid-$63,000s while trying to reclaim $64,000 as support. Binance exchange announced a new altcoin airdrop. Both this announcement and the whale detail are noteworthy. Which altcoin will be airdropped?
Binance Listing
Binance announced a new cryptocurrency called BANANA Token. This altcoin will be distributed based on the requirements on the BANANA HODLer Airdrop page. We will see the opening of BTC, USDT, BNB, FDUSD, and of course, TRY pairs. The listing will take place on July 20 at 09:00 UTC. The risky asset BANANA Token will be listed with a “seed label,” similar to Coinbase’s experimental label.
“Binance is excited to announce the Banana Gun (BANANA) project, the ecosystem token of the Banana Gun bot offering trading tools for on-chain tokens, on the Binance Airdrops Portal. Users who subscribe their BNB to Simple Earn products between 2024-06-23 00:00 (UTC) and 2024-07-05 23:59 (UTC) will receive the airdrop distribution. The BANANA HODLer Airdrop page is expected to be available within five hours, and the new token will be distributed to users’ Spot Wallets one hour before trading begins.”
The total token supply will be 10 million, with 800,000 distributed via the Binance airdrop. The noteworthy detail is that a whale acquired 500,000 tokens before Binance’s announcement.
