On July 13, 2025, Binance Alpha announced the launch of an airdrop for PEAQ tokens, targeting users with a minimum number of Alpha points. The event involves the distribution of 643 PEAQ tokens to eligible participants.
Airdrop Structure for Alpha Points Holders
The PEAQ token airdrop on Binance Alpha began with a structured distribution approach targeting users with a minimum number of Alpha points. Participants are required to consume a specified amount of Alpha points and submit their claims within 24 hours.
Users must initially have at least 234 Alpha points, which is later reduced to 180. Claiming PEAQ costs 15 points, and users must validate their claims within the given time frame.
Historical Impacts of Airdrops and PEAQ Token Data
Historical patterns indicate that Binance airdrops often lead to short-term price spikes, followed by corrections post-claim periods.
According to CoinMarketCap, the price of PEAQ is at $0.07, with a market cap of $77.81 million. Trading volume saw a decline of 28.64% over the past 24 hours, while the price experienced a 0.79% increase. PEAQ's circulating supply is recorded at 1.04 billion tokens.
Community Reactions and PEAQ Pricing
Community reactions to the airdrop launch are mixed, reflecting the volatility associated with airdrop-driven trading. Binance founder Changpeng Zhao commented:
> 'The well-known NFT whale and boop.fun founder dingaling was a former employee fired by Binance for insider trading and fake CRO.' — Changpeng Zhao (CZ), Founder, Binance.
Such statements highlight the risks associated with past experiences in airdrop trading.
As a result of the PEAQ token airdrop on Binance Alpha, there is an uptick in interest towards the new token; however, participants should consider potential risks associated with the high volatility of the cryptocurrency market.
