BNB Chain Unveils Memecoin Daily Airdrop Round 2 with 33 BNB Prizes
Darius Baruo Dec 20, 2024 05:38
BNB Chain announces the second round of its Memecoin Daily Airdrop Series, distributing 33 BNB worth of tokens to top-performing memecoins and rewarding BNB and CAKE holders.
The BNB Chain has launched the second round of its Memecoin Daily Airdrop Series, which will run from December 24 to 31, 2024. This initiative aims to highlight top memecoins by purchasing 33 BNB worth of their tokens and distributing them to 1,000 fortunate BNB and CAKE holders, according to the BNB Chain blog.
Competition Details
The format remains consistent with the first round, which concluded successfully with winners such as AlCell, MONKEY, and FROG gaining recognition on the Binance Alpha Watchlist. The competition is structured over seven days, with each day highlighting a different memecoin based on three key metrics: 24-hour trading volume (50%), market capitalization (30%), and price increment over 24 hours (20%).
Eligible memecoins must have been launched on the Binance Smart Chain (BSC) after November 15, 2024, for the first two days of competition, and after December 1, 2024, for the remaining days. The leaderboard will track these metrics in real-time, ensuring transparency and fair competition.
Airdrop Eligibility
The airdrop is open to all BNB and CAKE holders who meet specific criteria: holding at least 1 BNB or 235 CAKE. Wallets must contain slisBNB, BNBx, stkBNB, ankrBNB, and Cake to be considered eligible. A snapshot will be taken on December 24, 2024, at 12:00 PM UTC to verify eligibility.
Leaderboard and Competition Rules
If a memecoin doesn’t appear on the leaderboard, project teams are encouraged to contact BNB Chain for inclusion. Discrepancies in data can be addressed through Discord. AVE.AI provides data support for the competition.
Memecoins can participate without registration, and only native memecoins are eligible. In case of a tie, the memecoin with the higher trading volume will be ranked higher. The purchased memecoins will be distributed evenly among 1,000 eligible addresses as part of the airdrop rewards.
The BNB Chain team reserves the right to disqualify any memecoins suspected of wash trading or market manipulation. The English version of the announcement takes precedence over any translations.
Market Conditions and Disclaimer
BNB Chain cautions that digital assets are speculative and involve significant risk. The value of memecoins can be highly volatile, and participants should be prepared for the possibility of losing their entire investment. BNB Chain does not endorse any memecoin developed as part of this competition and advises participants to assess their financial situation and risk tolerance.
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