Binance Wallet has launched the Bitlayer Booster event, offering a 5.7 million BTR reward pool to users with 61 or more Alpha Points.
5.7 Million BTR Rewards Rolled Out by Binance
The Bitlayer Booster event will begin on July 24, 2025, at 09:00 UTC. Participants holding at least 61 Alpha Points will be eligible for a share of the total 30 million BTR, representing about 3% of Bitlayer's total supply. This initiative aims to enhance user engagement and liquidity within the ecosystem.
BTR Price Movements and Market Impact
Currently, Bitrue Coin (BTR) is priced at $0.04 with a market cap of $4,993,512. The price has shown growth of 2.13% within 24 hours and 10.82% over the past 90 days. However, there has been a 27.41% decrease in trading volume over the last day, indicating potential market fluctuations following the airdrop announcement.
User Participation Prospects
According to Coincu research analysts, this event is expected to drive increased trading volume and user engagement. Historical trends suggest that airdrop campaigns can spark initial trading activity and boost participation. Long-term outcomes will depend on the token's utility development and community involvement.
Binance's initiative to distribute BTR as part of the Bitlayer Booster event marks a significant step in stimulating user interest and engagement within the ecosystem. Time will tell how this impacts the market dynamics.
