- Binance confirmed the MONKY airdrop for FLOKI and ApeCoin holders.
- FLOKI and ApeCoin holders are eligible for 2.7 trillion MONKY token distribution.
Binance has confirmed its involvement in the upcoming Wise Monkey (MONKY) airdrop, which will distribute rewards to holders of FLOKI and ApeCoin (APE) tokens. This announcement comes as part of a broader trend of increased collaboration between major cryptocurrency exchanges and token ecosystems. It reflects the ongoing interest in incentivizing user engagement through airdrops.
The FLOKI airdrop is set to begin on December 15, 2024, and will allocate 2.7 trillion MONKY tokens to users who hold FLOKI on Binance. Binance sets the distribution rate at 0.35 MONKY per FLOKI token, directing portions to on-chain users, Floki Trading Bot participants, and holders of select tokens within the FLOKI ecosystem.
Meanwhile, the airdrop for ApeCoin holders has already started, distributing 804,828 MONKY tokens. ApeCoin’s airdrop includes users who have supported Ape Accelerator or attended ApeFest, a significant event within the ApeCoin community. A total of 800 billion MONKY tokens will be allocated to APE holders. It underscores the importance of these communities in the broader ecosystem.
Details On Airdrop
In both cases, users must hold a minimum of 1 FLOKI or 1 APE token to qualify for the airdrop. Balances in trade orders or pending transfers do not count. The FLOKI snapshot will occur on December 15, while the snapshot for APE holders has already taken place. Binance has stipulated that participants need to have completed KYC verification and be from eligible jurisdictions to qualify.
The airdrop will occur exclusively on the BNB chain, including FLOKI holders across both BNB and ETH chains. Binance will handle the technical aspects, but it won’t guarantee a MONKY token listing after the distribution, as it must pass the standard review process.
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