BNB Chain Memecoin Airdrop: Earn Rewards by Holding BNB or CAKE
BNB Chain Memecoin Daily Airdrop Series is back for its highly anticipated Round 2, offering an exciting opportunity for memecoins to gain visibility and grow within the BNB Chain ecosystem. From December 24 to 31, 2024, the competition will spotlight the top-performing memecoins daily by purchasing 33 BNB worth of their tokens and airdropping them to 1,000 lucky BNB and CAKE holders.
Round 1 Success and Transition to Round 2
The first round of the 7-day competition wrapped up successfully, with seven winners achieving remarkable results. Special mentions go to AlCell, MONKEY, and FROG for securing spots on the prestigious Binance Alpha Watchlist. As the number of memecoins launching on BSC (Binance Smart Chain) continues to grow, Round 2 aims to provide more projects with the opportunity to gain exposure and recognition.
How the Daily Competition Works
Round 2 will follow the same format as Round 1, consisting of 7 consecutive days of daily competitions. The top-performing memecoin each day will be selected based on three critical metrics:
- 24-hour trading volume (50%)
- Market capitalization (30%)
- Price increment within 24 hours (20%)
These metrics will be tracked in real time on the leaderboard, allowing for transparency and fair competition. The memecoin that ranks highest on the leaderboard will be rewarded with 33 BNB worth of their tokens, which will then be airdropped to 1,000 BNB and CAKE holders.
Airdrop Participation Criteria
The airdrops are open to all BNB and CAKE holders who meet the following conditions:
- Hold at least 1 BNB or 235 CAKE.
- Only wallets containing slisBNB, BNBx, stkBNB, ankrBNB, and Cake tokens are eligible.
- Snapshot time: December 24, 2024, 12:00 PM UTC.
Key Metrics and Competition Rules
Key metrics such as 24-hour trading volume, market cap, and price increase will determine the daily winner, with additional rules in place to ensure fairness:
- Only native memecoins are eligible for the competition.
- If two memecoins achieve the same leaderboard score, the one with the higher trading volume will rank higher.
- Purchased memecoins will be distributed evenly among the 1,000 selected addresses.
Final Thoughts
With an increasing number of memecoins being launched on BSC, this is a valuable opportunity for projects to showcase their potential and attract attention from investors. The BNB Chain team continues to monitor the competition closely, ensuring that only genuine projects are rewarded. Follow the latest updates on Twitter to stay informed about the competition results.
Disclaimer
The BNB Chain core team reserves the right to disqualify any memecoin engaged in wash trading, using illegal bulk wallets, self-dealing, or exhibiting signs of market manipulation. In case of any discrepancies between translated versions of this announcement, the English version will prevail.
This exciting competition gives both memecoin developers and BNB and CAKE holders an opportunity to participate in the growing BNB Chain ecosystem—don’t miss out on the action!
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.
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