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- The MONKY airdrop mediated by Binance enhances trading activity for FLOKI and APE, reinforcing FLOKI’s status as a leading meme coin and APE’s strong role in the NFT ecosystem.
- While Binance is managing the MONKY airdrop, the token’s listing on the exchange is not yet confirmed and will depend on MONKY passing the exchange’s stringent review process.
Crypto exchange Binance has recently announced its support for Wise Monkey (MONKY) airdrop, while offering rewards to the holders of FLOKI and ApeCoin (APE). As a result, all the eligible users will receive MONKY tokens directly into their wallets, depending on their token holdings.
The MONKY airdrop, with its customized distribution ratios, offers additional rewards for FLOKI and APE holders, enhancing value across the ecosystem.
FLOKI and APE Holders to Be Part of Binance’s MONKY Airdrop
Binance has introduced a major update for FLOKI and ApeCoin (APE) holders, confirming its participation in the Wise Monkey (MONKY) airdrop. The initiative, featuring clear eligibility requirements and competitive distribution ratios, underscores Binance’s commitment to enhancing user value and fostering new opportunities.
As per the announcement, FLOKI holders will receive 0.35 MONKY per FLOKI token. On the other hand, APE holders stand to gain 804,828 MONKY for each APE token. To be eligible for participation in the MOKY airdrop, users must maintain a minimum of 1 FLOKI or 1 APE in eligible Binance wallets, including Spot, Funding, and Margin accounts.
Snapshots to determine eligibility will occur on November 29 for APE and December 15 for FLOKI. Only active wallet balances will be considered, with deposits or withdrawals in progress at the time excluded from the snapshot, reported CNF.
This airdrop will further bring attention to FLOKI and APE, thereby boosting their trading activity. By ranking among the top meme coins, FLOKI continues to attract investor interest, while APE holds a strong position in the NFT ecosystem, thereby offering long-term appeal. Moreover, Binance’s involvement will bring additional credibility and excitement to the overall process.
Although crypto exchange Binance will handle the MONKY airdrop, it hasn’t yet confirmed the listing of the token on the exchange. The inclusion will only depend on whether MONKY has successfully passed Binance’s rigorous review process. This highlights Binance’s dedication to delivering transparent, user-centric initiatives that benefit the wider crypto community.
FLOKI and APE Price Surges
FLOKI’s price was trading at $0.000226, reflecting a nearly 7.25% decline at the time of writing. The meme coin reached a 24-hour high of $0.0002489, highlighting the market’s volatility. Despite a 6% weekly drop, FLOKI has soared 73% over the past month, primarily driven by its recent Coinbase listing, reported CNF. With a market cap of $2.2 billion and a 24-hour trading volume of $701 million, FLOKI maintains its status as a key player in the meme token market.
Meanwhile, ApeCoin (APE) was priced at $1.50, down 2% from the previous day, with a 24-hour range between $1.46 and $1.62. APE benefits from its association with the Bored Ape Yacht Club, supporting its market performance. With a market cap of $1.14 billion and a 24-hour trading volume of $367 million, both APE and FLOKI remain among the top 100 cryptocurrencies by market cap, underscoring their significant presence in the crypto space.
