Binance has announced a dual event, including an OBT airdrop and a trading contest, which has generated interest among users and market participants.
OBT Airdrop for Binance Users
On May 24, 2025, Binance announced an airdrop of 8,000 OBT tokens for users with 200 Alpha points. Users will be able to claim tokens using 15 Alpha points.
Trading Contest with a Prize Pool of 50 Million OBT
The trading contest will run from May 24 to June 7, 2025. Participants will be ranked based on their total purchase volume of OBT tokens through Binance Wallet and Alpha. This event is part of Binance's strategy to enhance user engagement and expand token distribution.
Market Analysis of OBT and Price Influence
According to CoinMarketCap, OBT has experienced varied price fluctuations: a 1.60% rise over the last 30 days and a 32.31% drop over the last 60 days. The current market cap of OBT stands at 36.34 million USD, with a circulating supply of 3.1 billion tokens.
The airdrop and contest from Binance are significant initiatives that could enhance engagement and liquidity in the OBT market.
