Binance Announces Support for the Impending Wise Monkey (MONKY) Airdrop, Which Will Benefit Holders of Floki Inu (FLOKI) and ApeCoin (APE)

This project marks a strategic cooperation between the lively communities of FLOKI and APE and Animoca Brands' subsidiary, Forj.

Binance Adds Support for Wise Monkey (MONKY) Airdrop for FLOKI, ApeCoin Holders

Binance has officially announced its support for the impending Wise Monkey (MONKY) airdrop, which will benefit holders of Floki Inu (FLOKI) and ApeCoin (APE). This project marks a strategic cooperation between the lively communities of FLOKI and APE and Animoca Brands’ subsidiary, Forj. With 45.5% of the total MONKY supply set aside for this airdrop, it should draw a lot of interest all throughout the crypto space.

A Snapshot of the MONKY Airdrop Allocation

This airdrop will see a total of 27% of the MONKY supply allocated to FLOKI holders, with an exchange rate of 0.35 MONKY for every FLOKI token. However, to qualify for the airdrop, holders must have a minimum of 500,000 FLOKI tokens.

On the other hand, APE holders will receive a massive 804,828 MONKY for each APE token they possess, which will be distributed at a rate of 10% of the total MONKY supply. Both sets of holders will have to wait for an official declaration of the snapshot date to be eligible.

The distribution will take place on the BNB Chain, ensuring a seamless process for participants. Furthermore, both on-chain and supported centralized exchanges (CEXs) will qualify eligible holders irrespective of the location of their tokens.

Despite the anticipation around this airdrop, finer details—such as the list of supported CEXs and the precise snapshot date—are yet to be announced. Part of a memecoin project, MONKY tokens are created as a derivative of the “Three Wise Monkeys” aphorism, which has seen increasing popularity in the realm of creative and community-driven bitcoin enterprises.

In a previous development, Floki Inu completed the Simon’s Cat airdrop last September, distributing CAT tokens to qualified FLOKI holders over several platforms. According to CNF, users had to possess at least 400,000 FLOKI tokens at that time, and their proportional FLOKI holdings decided the CAT token they got.