James Ding
Dec 05, 2024 12:03
BNB Chain launches a Memecoin Daily Airdrop Series, purchasing 33 BNB worth of top memecoins to distribute to BNB and CAKE holders from December 12-19, 2024.
The BNB Chain is set to spotlight top-performing memecoins through its innovative Memecoin Daily Airdrop Series. Scheduled from December 12 to December 19, 2024, this initiative will see the platform purchase 33 BNB worth of memecoin tokens daily, which will then be airdropped to 1,000 selected BNB and CAKE holders, according to the BNB Chain blog.
Competition Structure
The competition, which begins with the leaderboard launch on December 11, will evaluate memecoins based on three critical metrics: 24-hour trading volume, market capitalization, and price increment over 24 hours. The leaderboard, updated in real-time, aims to maintain transparency and competitiveness among participants.
Eligible memecoins must have been launched after October 1, with further eligibility for those launched following the event announcement on December 5. Each day’s best-performing memecoin will be purchased and distributed among the selected holders.
Participation Benefits
Participation in the airdrop series offers memecoin projects an opportunity to gain visibility, engage with the community, and enhance their credibility. The BNB Chain team supports these projects by expanding their application within the BSC ecosystem, including listing perpetual contracts on APX and integrating with trading bots like uDEX.
To qualify for the airdrop, holders must possess at least 1 BNB or 235 CAKE. Wallets with slisBNB, BNBx, stkBNB, ankrBNB, and Cake are eligible for consideration during the December 11 snapshot.
Engagement and Eligibility
Holders can increase their chances by engaging with the BNB Chain community on social media. By sharing posts with #MemeOnBNB and their wallet address, participants can become eligible for the airdrop. The team will select top content daily to add to the eligible list.
Winners will be randomly chosen from eligible addresses, ensuring equal opportunity for all participants. The selection process will be transparent, with results published on Twitter.
Conclusion
The BNB Chain Memecoin Daily Airdrop Series represents a significant opportunity for memecoin creators to showcase their projects, engage with a broader audience, and potentially secure a foothold in the BSC ecosystem. As the competition unfolds, the memecoin community is encouraged to prepare for this exciting event.
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