Binance Alpha has launched an airdrop of peaq tokens, attracting users with Alpha Points. We will examine participation details and market impact.
Participation Terms for Airdrop
The peaq token airdrop consists of two stages. In the first stage, users can claim tokens if they have 234 Alpha Points, and in the second stage, entry is allowed with 180 points in a 'first-come, first-served' format. Claiming requires the use of 15 Alpha Points, and claims must be finalized on the event page within a 24-hour period.
Market Overview of peaq Tokens
The current market price of the peaq token stands at $0.08 with a market cap of $79,653,490. Over the last 60 days, its price has decreased by 56.45%. Recent trading data indicates that 12,853,194 PEAQ units were traded in the last 24 hours, reflecting significant market participation.
Expert Insights
Till Wendler, co-founder of peaq, commented, 'Listing on global exchanges accelerates peaq’s core mission of democratizing the machine economy for millions globally while giving DePIN projects access to world-class blockchain infrastructure.'
The Binance Alpha initiative through the airdrop of peaq tokens highlights the importance of engaging users in the ecosystem. The success of the token will depend on its integration into a growing community and technological advancements.
