Binance has conducted a Taker token (TAKER) airdrop on July 18, distributing 1,000 tokens each to 20,000 eligible Alpha users. This airdrop has potential implications for trading on the Binance platform and the broader market.
Taker Token Airdrop for Alpha Users
Binance completed the distribution of Taker tokens, giving 1,000 tokens to each of 20,000 eligible Alpha users. A total of 20 million tokens were distributed. The token's debut on Binance might affect platform liquidity.
Market Reactions to Airdrop and User Profits
Reported profits of $44 per order were observed immediately after the airdrop. Binance indicated that the remaining tokens will be reserved for future activities, allowing flexibility in the strategy.
TAKER's Trading Patterns in the Market
According to CoinMarketCap, Taker is currently trading at $0.04 with a market cap of $7.12 million. Trading volume surged by 27,060.14% following the airdrop. Over the past 24 hours, TAKER's price decreased by 32.09%.
The Taker airdrop represents a significant milestone for Binance and Alpha users. Given the historical patterns of such airdrops, substantial market activity could be expected, and investors should watch for future trends.
