Binance has unveiled its support for the Wise Monkey (MONKY) airdrop, bringing rewards to FLOKI and ApeCoin (APE) holders. Eligible users will receive MONKY tokens directly in their wallets, calculated based on token holdings. This latest Binance news highlights the platform’s commitment to rewarding its user base while supporting emerging projects. With tailored distribution ratios, the MONKY airdrop promises added value for FLOKI and APE holders across the whole ecosystem. Binance Confirms MONKY Airdrop for FLOKI and APE Holders Binance has announced a significant update for FLOKI and ApeCoin (APE) holders, confirming its support for the Wise Monkey (MONKY) airdrop. With clear eligibility criteria and attractive distribution ratios, the event emphasizes its focus on delivering value and creating opportunities for its users. According to the update, FLOKI holders will receive 0.35 MONKY for every FLOKI token, while APE holders are set to gain 804,828 MONKY per token. To qualify, users must hold at least 1 FLOKI or 1 APE in Binance wallets such as Spot, Funding, and Margin accounts. The snapshot for APE will take place on November 29, and for FLOKI, it will occur on December 15. Deposits or withdrawals in progress during the snapshot will not count, ensuring only active balances are considered. This airdrop could generate increased attention toward FLOKI and APE, potentially boosting their trading activity. FLOKI, a prominent top meme coin , continues to attract retail investors, while APE holds a strong position in the NFT ecosystem, offering long-term appeal. Binance’s involvement adds credibility and excitement to the distribution process. While Binance, one of the top crypto exchanges , will manage the MONKY airdrop, the token’s listing on the platform is not guaranteed. Its inclusion will depend on whether MONKY successfully passes Binance’s rigorous review process. This reinforces Binance’s commitment to providing transparent and user-focused initiatives that support the broader crypto community. FLOKI and APE Prices: Recent Trends and Market Performance FLOKI price traded at $0.0002273, down nearly 5% during writing. The meme coin saw a 24-hour high of $0.0002489, indicating the highly volatile scenario in the market. The token is down by 6% over the past week but has surged 70% in the last month. This rise is largely due to its recent Coinbase listing . With a market cap of $2.2 billion and a 24-hour trading volume of $701 million, FLOKI remains a strong player in the meme token market. On the other hand, ApeCoin (APE) price was $1.50, down 2% from yesterday. Its 24-hour low and high range from $1.46 to $1.62. APE benefits from its connection to the Bored Ape Yacht Club. It has a market cap of $1.14 billion and a $367 million trading volume. Both FLOKI and APE remain in the top 100 coins by market cap, showing their strong presence in the crypto space. In addition, FLOKI and APE both continue to show strong performance. Besides, the recent Binance update is also expected to provide an additional boost to the tokens. For example, when THENA was listed on Binance , it experienced a massive 500% price jump. This trend highlights the influence Binance’s listing can have on a token’s market value, potentially providing additional momentum for coins like FLOKI and APE. The post Binance Reveals Major Airdrop Update For FLOKI & APE Holders, What’s Next? appeared first on CoinGape .
CoinGape 2024-12-02 11:35
While altcoins are being closely followed by investors due to the expected rally, Morgan Creek CEO announced five altcoins that could be the best choices for 2025. Speaking recently on the Altcoin Daily YouTube channel, Mark Yusko, CEO of US investment firm Morgan Creek Capital, stated that he prefers the altcoin in the upcoming rally. Listing these as Solana (SOL), Cardano (ADA), Ripple (XRP), Dogecoin (DOGE) and Hedera (HBAR), Yusko said that he invested in SOL due to the insistence of his team and became quite fond of it. “I have to admit that I really like Solana because they do it very well. And luckily we didn't sell the Solana at $13, and it went up to $240.” Mark Yusko also concluded his remarks by talking about DOGE and said that not owning the best memecoin Dogecoin is like betting against Elon Musk and that it is not a good idea, and that it is necessary to have at least a little DOGE. The famous CEO finally said that ADA, XRP and HBAR should also be invested in, even though he thinks they are risky. Yusko argued that such cryptocurrencies could be adopted by more traditional financial companies in the coming years. *This is not investment advice. Continue Reading: Famous CEO Announces Five Altcoins Including XRP That Can Be Preferred for the Rally!
BitcoinSistemi 2024-12-02 11:20
Filecoin [FIL] is positioned for potential gains as its chart shows a bullish trend.
AMB Crypto 2024-12-02 11:00
In a stunning weekend rally, XRP reclaimed its place as one of the top three cryptocurrencies by market capitalization, surpassing both Solana (SOL) and Tether (USDT). The token’s meteoric rise comes after years of price stagnation and legal battles. Moreover, Charles Gasparino, a Senior Correspondent at Fox Business, recently claimed that the SEC’s appeal in the Ripple-SEC case would be dropped . This also added to positive sentiment, reigniting hopes among its dedicated community, the XRP Army. A Meteoric Comeback XRP surged above $2 on Sunday night, pushing its market capitalization to over $140 billion and surpassing USDT’s $134 billion. This marks the first time XRP has approached its 2018 all-time high of $3.40 in over five years. Fueling this rally was a combination of legal developments and technical momentum. Charles Gasparino of Fox Business hinted last week that the U.S. Securities and Exchange Commission (SEC) might drop its appeal against Ripple Labs, the largest holder of XRP. Gasparino suggested the SEC’s case had no errors on the disputed points it lost, rather than being politically motivated. Technical indicators added to the excitement. Barchart highlighted the formation of a “God Candle” on XRP’s price chart, signaling strong bullish momentum. Over the past week, the token has spiked more than 80%, with a 30% gain in the last 24 hours alone. This surge has sparked renewed optimism, with some speculating XRP might soon challenge Ethereum (ETH) for the second spot in crypto rankings. Vindication for XRP Army XRP’s return to prominence feels like redemption for its loyal supporters, who endured years of price suppression following the SEC’s lawsuit against Ripple in late 2020. The legal uncertainty had driven XRP below $1, stalling its progress and tarnishing its once-strong reputation as a Bitcoin challenger. With the lawsuit now leaning in Ripple’s favor, the token’s resurgence has revitalized its community. Social media platform X (formerly Twitter) was abuzz with celebratory memes and messages from holders, many of whom proudly declared their steadfast belief in the XRP Ledger’s potential. “The $XRP train has left the station,” exclaimed one holder, Edward Farina, encapsulating the euphoria among supporters. Analysts like Jacob King have doubled down on XRP’s future, calling it “the only cryptocurrency with a feasible chance of surpassing Bitcoin.” As the token trends across financial media, its comeback not only underscores its resilience but also hints at its ambition to once again be a dominant force in the crypto world. The post XRP Soars Past Solana and Tether to Reclaim Top 3 Spot in Crypto Rankings appeared first on TheCoinrise.com .
The Coin Rise 2024-12-02 10:43
Trading volumes of XRP tokens against Korean won hit $3.7 billion on the South Korean crypto exchange Upbit in the last 24 hours amid the XRP frenzy, CoinGecko data shows . XRP trading volume accounted for 27.6% of the Upbit’s total trading volume, far exceeding the $340 million trading volume of Bitcoin in the same period. XRP flipped USDT’s market cap during early Asian trading hours to become the third biggest crypto as the token’s price crossed $2.50, registering 70% gains in the last 7 days. Another leading South Korean exchange Bithumb saw $1.2 billion in XRP trading volumes in the last 24 hours, which accounted for 32% of the total volume on the platform. In comparison, XRP trading volume on the world’s largest crypto exchange Binance remained 10% of the total trading volume, ahead of 7.13% of Bitcoin. What is Driving XRP’s Surge? XRP has surged to nearly $2.50, marking its highest value since January 8, 2018. The nearly 7-year peak comes as wallets holding 1–10 million XRP amassed 679.1 million tokens—worth $1.66 billion—in just three weeks, according to a blockchain analytics firm Santiment . Additionally, the total number of non-empty XRP wallets has surpassed 5.5 million for the first time in the coin’s eight-year history, highlighting growing network activity. Source: Santiment An analyst at Santiment informed that the current XRP rally is probably close to an end as they are observing high levels of FOMO from the small retail investors. The analyst added that small XRP wallets that faded during the initial rally are now joining back in, which is always a bad sign. The post XRP Trading Volume Hits $3.7 Billion on South Korean Exchange Upbit, 10x More Than Bitcoin appeared first on Cryptonews .
cryptonews 2024-12-02 10:41
Looking for the best crypto to invest in today? Qubetics is gaining momentum with its presale and analysts’ prediction of huge growth. Don’t miss out! Read original article on coincu.com
Coincu 2024-12-02 10:30
