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The BNB Chain Memecoin Daily Airdrop Series is back for Round 2, offering you the perfect opportunity to shine and grow within the BNB Chain ecosystem. From December 24 to 31, 2024, we’ll spotlight top memecoins daily by purchasing 33 BNB worth of their tokens and airdropping them to 1,000 lucky BNB and CAKE holders.
The first round of the 7-day daily competition concluded successfully! Congratulations to the 7 winners for their remarkable achievements. A special shoutout to AlCell, MONKEY, and FROG for earning a spot on the prestigious Binance Alpha Watchlist.
With an increasing number of memecoins launching on BSC, we’re thrilled to kick off the second phase of the daily competition, giving more memecoins a chance to gain visibility and recognition. Don’t miss this exciting opportunity!
About Round 2’s Daily Competition
Building on the success of the first phase, we’re excited to continue with 7 consecutive days of daily competitions.
The format remains consistent with the previous phase. Below are the competition timings—don’t forget to mark your calendars!
How Memecoins Can Compete
Each day, the best-performing memecoin on BSC will be selected based on three essential metrics:
- The ranked 24-hour trading volume (50%)
- The ranked market capitalization (30%)
- The ranked price increment in a 24-hour period (20%)
The leaderboard will track these metrics in real time, allowing memecoins to compete transparently. If your project claims the top spot, the BNB Chain team will purchase 33 BNB worth of your token and airdrop them.
For Holders Participating
The airdrop is open to all BNB and CAKE holders meeting these criteria:
- Hold at least 1 BNB or 235 CAKE.
- Notes to holders: Only wallet addresses with slisBNB, BNBx, stkBNB, ankrBNB, and Cake in the wallet can be counted. If you do not have these tokens in your wallet, please complete it during the snapshot.
- We will remove the contract addresses that meet the criteria.
- Snapshot time: December 24, 2024, 12:00 PM UTC
Important Notes
Definitions of Key Indicators:
- 24h Trading Volume: The total trading volume of a memecoin within 24 hours.
- Market Cap: The total market value of a memecoin’s circulating supply. It is analogous to the free-float capitalization in the stock market. Formula: Market Cap = (Circulating Supply – Destroyed Amount) × Price.
- Biggest Price Increase Within 24h: The maximum price increase of a memecoin within 24 hours.
- Launch Day Description: The launch day of a memecoin is determined by its “pool trading” time, as a liquidity pool is essential for transactions and eligibility to compete.
Please note that memecoins launched during the competition period cannot participate on the same day they are launched. Instead, they will automatically qualify to compete starting the following day.
Leaderboard Information:
- If your memecoin does not appear on the leaderboard, feel free to reach out, and we will add it promptly.
- If you believe your memecoin’s data is incorrect, please contact us on Discord, and we will address the issue.
- Thanks to AVE.AI for providing data support.
Competition and Rewards:
- Eligible memecoins can participate in the competition without registration.
- Only native memecoins are eligible for the competition.
- If two memecoins achieve the same leaderboard score, the one with the higher trading volume will be ranked higher.
- The memecoin purchased with 33 BNB will be calculated based on its real-time value.
- The purchased memecoins will be evenly distributed to 1,000 eligible addresses as part of the airdrop rewards.
- We will release the latest information on Twitter in real time, please follow us on Twitter.
- The BNB Chain core team reserves the right to disqualify the memecoins that are deemed to be wash trading or using illegal bulk wallet addresses, self-dealing, or displaying attributes of market manipulation, etc.
- In case of any discrepancies between translated versions of this announcement, the English version will prevail.
Disclaimer:
Digital assets are highly speculative and involve a significant risk of loss. The value of Meme coins is extremely volatile, and anyone who wishes to trade in any Meme coin should be prepared for the possibility of losing their entire investment. BNB Chain makes no representations or warranties regarding the success or profitability of any Meme coin developed as part of this competition.
BNB Chain is a public, decentralized, and permissionless blockchain. Participation by any project should not be seen as an endorsement or recommendation by BNB Chain. Users should assess their financial situation and risk tolerance and do their own research before participating in this competition or trading in any memecoin participating in this competition. BNB Chain will not be held liable for any losses, damages, or issues that may arise from participating or trading in any memecoin participating in this competition.
