Binance Launches PUBLIC Token Airdrop: Claim 430 Tokens with Alpha Points
Binance has launched a PUBLIC token airdrop, allowing eligible users to claim 430 PUBLIC tokens by redeeming Alpha Points between August 15, 15:00 (UTC+8) and the next 24 hours. The PUBLIC token airdrop is divided into two phases: during the first 18 hours, users holding at least 240 Alpha Points can claim; in the last 6 hours, the threshold drops by 15 points each hour starting from 200 points, on a first-come, first-served basis. Each claim costs 15 Alpha Points. Users must confirm their claims on the Alpha activity page within 24 hours to avoid forfeiting the airdrop. Traders should monitor this PUBLIC token airdrop event to assess market impact and plan trading strategies accordingly.
Neutral
Binance’s PUBLIC token airdrop is a neutral event for the broader cryptocurrency market. In the short term, the airdrop may drive a modest increase in trading activity and token awareness, particularly among active Binance traders seeking to capitalize on free token distributions. Historically, similar airdrops (e.g., Uniswap UNI, 1INCH) have led to temporary volume spikes without causing significant price rallies or declines, as recipients often sell or hold based on individual strategies. In the long term, sustained token adoption and utility will determine PUBLIC’s market performance; unless accompanied by concrete use cases or ecosystem development, the airdrop alone is unlikely to shift market sentiment significantly.