- FLOKI announces Binance support for Simon’s Cat (CAT) airdrop for the meme coin’s holders on the exchange.
- The exchange will take a snapshot on August 29 at 23:59:59 UTC and conduct an airdrop based on that, per an official announcement.
- FLOKI rallies nearly 7% on the day, trades at $0.00012729.
FLOKI is the sixth largest meme coin by market capitalization, and the meme token rallied in double-digits on Tuesday. Binance announced the Simon’s Cat (CAT) token airdrop for FLOKI holders on its exchange platform, and traders are racing to buy FLOKI ahead of August 29.
FLOKI holders bag CAT airdrop on Binance
Binance, one of the largest cryptocurrency exchanges by volume, announced its support for the Simon’s Cat token airdrop to FLOKI holders. The exchange will take a snapshot on August 29, 2024 at 23:59:59 UTC per an official announcement. The exchange will disclose final details like tokens dropped to FLOKI holders and additional criteria at the time of the snapshot.
Binance Will Support the Simon’s Cat ( $CAT ) Airdrop to $FLOKI Holders
— FLOKI (@RealFlokiInu) August 20, 2024
Binance, the world’s largest cryptocurrency exchange, will support the Simon’s Cat / $CAT airdrop to $FLOKI holders on its platform.
You can read the full details of the announcement here:… pic.twitter.com/23tqY1br92
In a blog post, FLOKI team shared requirements, such as holding at least 400,000 FLOKI on Binance, irrespective of the US Dollar value. All FLOKI holders that qualify will receive a part of the 900 billion CAT token airdrop. It will be distributed proportionately to user’s in the ratio of 1 CAT for 1 FLOKI token.
FLOKI airdrop criteria
FLOKI rallies 7%
FLOKI trades at $0.00012373 at the time of writing. The sixth largest meme coin could extend gains by another 13.3% and rally to the upper boundary of the Fair Value Gap (FVG) between $0.00014039 and $0.00013453.
The Relative Strength Index (RSI) reads 43.49 and is climbing toward neutral at 50.
FLOKI/USDT daily chart
FLOKI could find support at the August 5 low of $0.00009585 in the event of a correction in the meme coin.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Recommended Content
Editors’ Picks
Mantle Price Forecast: MNT eyes 200-day EMA breakout for further gains
Mantle (MNT) edges lower by over 1% at press time on Tuesday after three consecutive days of gains, while the optimism holds in the derivatives market, reflected by heightened Open Interest.
Bonk Price Forecast: BONK rallies as OI hits yearly high, LetsBonk.fun tops Solana launchpad revenue
Bonk (BONK) continues its bullish momentum, extending gains, trading around $0.000027 on Tuesday after rallying almost 20% the previous week.
Fed, OCC, FDIC issue joint guideline for banks safekeeping crypto assets for customers
The Federal Reserve (Fed), Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) issued a joint statement on Monday aiming to guide banks seeking to offer crypto safekeeping services to customers.
Top Crypto Gainers: XCN, PENGU, SUI – Hold momentum while Bitcoin slips under $119,000
Bitcoin (BTC) takes a breather after hitting a record high of $123,218 on Monday, resulting in a pullback under $119,000 at press time on Tuesday.
Bitcoin: BTC hits new all-time high and enters price discovery mode
Bitcoin price prints a new all-time high near $118,900 on Friday, entering uncharted territory as bullish momentum accelerates. The surge in BTC was supported by rising corporate and institutional demand, with spot Bitcoin ETFs recording a total of $1.69 billion this week as of Thursday.
The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.