The Wise Monkey (MONKY) airdrop is set to create waves in the crypto space, with Binance officially supporting the event for holders of FLOKI and ApeCoin (APE). This highly anticipated airdrop has generated significant interest, particularly due to the involvement of major exchanges like Binance, KuCoin, and OKX, as well as its backing from Forj, a subsidiary of Animoca Brands.
Airdrop Details: Snapshot Time And Eligibility
The Wise Monkey airdrop is divided into two phases for FLOKI and APE holders, with distinct snapshot times:
- APE Snapshot: November 29, 2024, at 00:00 (UTC)
- FLOKI Snapshot: December 15, 2024, at 00:00 (UTC)
For each FLOKI token held, users will receive 0.35 MONKY. For every APE token held, users are entitled to receive 804,828 MONKY tokens.
Terms And Conditions For Participation
- FLOKI: Users must hold at least 1 FLOKI token to qualify for the airdrop. Only balances in Spot Wallets, Funding Wallets, Margin Wallets, and other Binance wallets will be counted. FLOKI balances under 1 token (including those in trade orders) will not be eligible.
- APE: The same applies to APE holders; balances under 1 APE (including those in trade orders) are not eligible. Only accounts with APE tokens on Binance at the time of the snapshot will qualify for the airdrop.
In addition, the airdrop includes users with FLOKI or APE tokens held in Binance’s Margin or Crypto Loan accounts, but borrowed tokens will need to be returned once the MONKY tokens are distributed.
MONKY Airdrop Distribution Breakdown
- FLOKI Holders: Airdrop ratio of 1 FLOKI = 0.35 MONKY. This forms the majority share of the airdrop, with 35% of the total MONKY supply allocated to FLOKI holders.
- APE Holders: 10% of the MONKY airdrop is reserved for APE holders, with the distribution ratio set at 804,828 MONKY per 1 APE.
- TOKEN Holders: The remaining 4% of the airdrop is allocated to TokenFi (TOKEN) holders. Each TOKEN holder will receive 130 MONKY per token.
Anticipated Token Listing and Market Expectations
The MONKY token will officially launch on December 12, 2024, with the first distributions expected by December 15. Market experts predict significant demand due to the partnership with Forj and Animoca Brands, along with the growing popularity of the FLOKI and APE communities. The token’s listing is anticipated to take place on major exchanges like KuCoin and Binance, though the exact price at launch remains unknown.
Final Thoughts
With a massive airdrop distribution, the Wise Monkey (MONKY) token is expected to capture the attention of both seasoned and new crypto investors. This airdrop offers a unique opportunity for holders of FLOKI and APE tokens to gain exposure to a meme coin that blends gaming, blockchain, and Web3 technology. As the market prepares for the MONKY token’s official listing, all eyes will be on the FLOKI and APE communities as they anticipate the airdrop’s impact on the broader crypto market.