Binance to Support Wise Monkey Airdrop for ApeCoin and Floki Holders

In an exciting development for cryptocurrency holders, Binance has confirmed its plans to support the upcoming Wise Monkey (MONKY) airdrop. The airdrop, designed to reward holders of ApeCoin (APE) and Floki (FLOKI), aims to distribute a portion of the Wise Monkey token supply to qualified users, adding to the momentum of ongoing collaborative efforts in the crypto space.

The Wise Monkey token (MONKY) is set to launch on the Binance Smart Chain (BSC) later this month, with a clear focus on engaging the communities of ApeCoin and Floki. This strategic airdrop initiative is part of a broader partnership between Floki, the Ape Accelerator, and other prominent blockchain entities. The goal of this collaboration is to inject new energy into the cryptocurrency ecosystem and further expand the reach of Wise Monkey.

Eligibility and Snapshot Details

The airdrop will determine eligibility through wallet snapshots taken at different times for ApeCoin and Floki holders. For ApeCoin holders, the snapshot has already been taken on November 29, at 00:00 UTC, while Floki holders will have their snapshot taken on December 15, at 00:00 UTC. Only the holders of ApeCoin and Floki tokens who meet the minimum threshold at the time of the snapshot will be eligible to participate in the airdrop.

Airdrop Distribution and Qualification Criteria

Binance has outlined the distribution ratio for the airdrop, providing clear guidelines on how the MONKY tokens will be allocated to ApeCoin and Floki holders:

• For every 1 FLOKI held, eligible participants will receive 0.35 MONKY.

• For each 1 APE token held, users will receive 804,828 MONKY.

In order to qualify for the airdrop, users must hold at least 1 FLOKI or 1 APE token in their Binance wallet at the time of the snapshot. It is important to note that any balances below this threshold, including those in trading, withdrawals, or deposits, will not be eligible. The airdrop is limited to Binance funding wallets, spot wallets, and certain flexible accounts, such as Simple Earn. However, balances held in margin accounts or through borrowed tokens will not qualify.

Wise Monkey Token – Background and Launch Details

The Wise Monkey token, inspired by the famous proverb “See No Evil, Hear No Evil, Speak No Evil,” is a meme coin with ambitious plans for its future. The token’s design draws on the popularity of meme-based cryptocurrencies but aims to bring something fresh to the market by launching on the Binance Smart Chain (BSC), which provides faster and more cost-efficient transactions.

A portion of the MONKY token supply will be allocated specifically to the Floki community, with 35% of the total supply reserved for them. 27% of the supply will be airdropped to holders on supported centralized exchanges and on-chain holdings, while 10% of the supply will be distributed to ApeCoin holders.

This strategic distribution model is designed to create excitement and foster community engagement around the Wise Monkey token. Binance’s involvement in this airdrop is another step forward in the platform’s commitment to supporting innovative projects and rewarding its users with new opportunities in the cryptocurrency market.

Support from Other Major Exchanges

Binance’s announcement follows similar actions taken by other major exchanges, including OKX, Uphold, and KuCoin, which are also participating in the MONKY airdrop. The token distribution is confirmed, but Binance has emphasized that the listing of MONKY for trading on the platform is subject to the exchange’s rigorous review process. This means that while the airdrop is guaranteed, there is no assurance that MONKY will be listed for trading immediately or at all.

Looking Ahead

The airdrop for ApeCoin and Floki holders marks another significant milestone for the cryptocurrency space, as it showcases the growing collaboration between traditional cryptocurrencies and new meme coin projects like Wise Monkey. As the crypto ecosystem continues to expand, initiatives like this are helping to bring more users into the fold and engage them in the dynamic world of digital assets.

For Binance users, this airdrop presents an opportunity to receive free MONKY tokens, with the potential for future benefits if the token gains traction in the market. As always, interested users should ensure they meet the eligibility criteria and hold the required balances to avoid missing out on this exciting opportunity.