Binance has announced plans to support the highly anticipated Wise Monkey (MONKY) airdrop, which will reward holders of ApeCoin (APE) and Floki (FLOKI) tokens. This exciting initiative is part of a collaborative effort with the Ape Accelerator, Floki, and other key blockchain players to inject new energy into the crypto ecosystem.
In a recent statement, Binance revealed that wallet snapshots will be used to determine eligibility for the airdrop. The snapshot for ApeCoin (APE) holders took place on November 29 while Floki (FLOKI) holders will be eligible based on a snapshot taken on December 15.
The distribution will follow a clear ratio: for every 1 FLOKI held, participants will receive 0.35 MONKY. Meanwhile, each 1 APE token will translate to a massive 804,828 MONKY. To qualify for this airdrop, users need to hold at least 1 FLOKI or 1 APE token.
Be aware, any balances below this threshold, including those in trade, withdrawals, or deposits at the time of the snapshot, will not count toward eligibility.
This airdrop marks a key event in the growing collaboration between the ApeCoin and Floki communities, fueling excitement among crypto enthusiasts. Make sure to secure your position before the snapshot dates and join in on this rewarding opportunity!
Binance clarified that eligible balances for earning rewards include assets in the Spot and Funding wallets, as well as select flexible accounts like Simple Earn. However, liabilities from margin accounts and borrowed tokens are excluded from eligibility. This update is important for users looking to optimize their Binance holdings and maximize rewards, but it’s essential to note that borrowed funds and margin positions won’t contribute to the reward calculations.
Get ready for the rise of the Wise Monkey token, inspired by the timeless proverb “See No Evil, Hear No Evil, Speak No Evil.” This meme coin is set to make its debut on the Binance Smart Chain later this month, bringing a fun twist to the world of cryptocurrency. But what's even more exciting? FLOKI and APE token holders are in for a special treat!
A massive 35% of the total supply will be distributed to the Floki community, with 27% earmarked for airdrops to holders on centralized exchanges and on-chain wallets. That’s not all—10% of the supply is reserved for APE holders, making this one of the most talked-about airdrops in the memecoin space.
With the buzz already building, Wise Monkey has secured backing from major players like OKX, Uphold, and KuCoin. And while Binance’s support is confirmed, their review process for listing the MONKY token is still in progress, so no guarantees just yet. But one thing's for sure—this token’s launch is shaping up to be an event to watch.
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