Binance has announced the launch of Treehouse (TREE) token and a dual-phase airdrop scheduled for July 29, 2025. This event may significantly impact market dynamics.
Details of TREE Airdrop
The launch of Treehouse (TREE) token is slated for July 29, 2025. The airdrop will occur in two phases based on Binance Alpha Points. Phase 1 requires users to hold 233 points, while Phase 2 necessitates 200 points. Eligible users can claim 100 TREE tokens, with the points threshold decreasing by 15 each hour if rewards remain.
Speculative Interest in TREE Token
According to CoinMarketCap, Treehouse (TREE) is currently trading at $0.67 with a market cap of $104.62 million. The 24-hour trading volume reached $332.73 million, reflecting a significant increase of 165751.57%. Binance's airdrop initiative may spur speculative trading in newly listed tokens.
Market Prospects
The Coincu research team suggests that Binance’s initiative could affect TREE's price volatility and liquidity. This may enhance TREE as an investable asset within Binance's ecosystem, providing new avenues for market participants.
The launch of TREE token and Binance's airdrop may activate speculative interests and improve market conditions, offering users new trading and investment opportunities.