Crypto NewsAltcoinBinance-Backed Altcoin Announces Airdrop for Losers in Recent Market Downturn

Binance-Backed Altcoin Announces Airdrop for Losers in Recent Market Downturn

BNB developers affiliated with cryptocurrency exchange Binance will distribute an airdrop for memecoin investors who lost out in the recent crash.

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BNB Chain has launched a new $45 million airdrop program to reward active memecoin investors in the ecosystem.

This campaign, called “Reload Airdrop,” is being carried out in collaboration with the Four Meme memecoin platform and is supported by PancakeSwap, Binance Wallet, and Trust Wallet.

As part of the program, a total of $45 million worth of BNB will be distributed to more than 160,000 users who participated in memecoin transactions on the BNB Chain over the past week. The first round of airdrops will begin this week, with distributions expected to be completed by early November 2025.

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The BNB Chain team stated in a statement that this initiative aims to support the memecoin community, which has been particularly negatively affected by recent market volatility:

“Recent market volatility has created challenges across crypto, but the BNB community continues to build, craft, and remain engaged. This spirit of resilience keeps our ecosystem strong. That's why we're launching this airdrop to support memecoin investors, one of the most creative communities in the BNB Chain ecosystem.”

The statement also stated that they aim to compensate users for some of the losses they have suffered. Details are expected to be shared via official BNB Chain channels in the coming days.

*This is not investment advice.

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