- Binance announces Xterio (XTER) airdrop for eligible users on Alpha platform.
- Users must claim within 24 hours to receive 294 XTER tokens.
- Market volatility observed post-listing with a 15% price drop.
Binance has commenced the distribution of Xterio (XTER) through its Alpha platform. Qualified users are expected to utilize 15 Alpha points by May 20, 2025, to claim the 294 XTER tokens. Failing to act within the timeframe results in forfeiture.
The airdrop entices participation in the broader trading competition, with prizes totaling $1 million, reflecting robust promotional tactics. Following the distribution, XTER experienced a 15% price decline, potentially due to profit-taking by initial recipients.
Xterio Airdrop Spurs Trading Frenzy on Binance
Binance has commenced the distribution of Xterio (XTER) through its Alpha platform. Qualified users are expected to utilize 15 Alpha points by May 20, 2025, to claim the 294 XTER tokens. Failing to act within the timeframe results in forfeiture.
The airdrop entices participation in the broader trading competition, with prizes totaling $1 million, reflecting robust promotional tactics. Following the distribution, XTER experienced a 15% price decline, potentially due to profit-taking by initial recipients.
“We’re pleased to announce Xterio (XTER) has been featured on Binance.”
Market Data Highlights Post-Listing Volatility
Did you know? Xterio’s introduction follows Binance’s established model of new token offerings, which typically experience substantial volatility following debut airdrops, as seen in prior Binance Alpha initiatives.
Xterio (XTER) is priced at $0.27, with a market cap of $36,059,631 and no significant market dominance. The fully diluted market cap stands at $269,162,678, with a trading volume spike of 150.52%, at $27,947,909, reported by CoinMarketCap.
Insights from Coincu indicate that Binance’s launch event underlines its continual drive to increase user participation and market activity. The research also suggests that similar token airdrops effectively boost platform engagement, despite short-term volatility in token prices.
