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Market News

Binance To Airdrop MONKY Tokens to FLOKI And APE Holders

The airdrop ratio is set: each FLOKI equals 0.35 MONKY, while each APE delivers 804,828 MONKY.

Written By:
Dishita Malvania

Reviewed By:
Gopal Solanky

Last updated: December 2, 2024 5:46 PM
Published December 2, 2024 5:06 PM
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Last updated: December 2, 2024 5:46 PM
Published December 2, 2024 5:06 PM
Binance To Airdrop MONKY Tokens to FLOKI And APE Holders

Binance has announced its support for the upcoming Wise Monkey (MONKY) airdrop, which rewards ApeCoin (APE) and Floki (FLOKI) holders. The airdrop, inspired by the proverb “See No Evil, Hear No Evil, Speak No Evil,” aims to energize the crypto ecosystem with meme-inspired innovation.

The airdrop Wallet eligibility will be determined by snapshots, with APE holders already locked in as of November 29, 00:00 UTC, and FLOKI holders scheduled for a December 15, 00:00 UTC snapshot. To qualify, users must hold at least 1 FLOKI or 1 APE, and balances below this threshold—including those in trades or withdrawals—are excluded.

The airdrop ratio is set: each FLOKI equals 0.35 MONKY, while each APE delivers 804,828 MONKY. Eligible balances span Binance’s spot, funding, and Simple Earn accounts, but exclude borrowed tokens or liabilities in margin accounts.

Floki and APE communities are major beneficiaries, with 35% of MONKY supply going to FLOKI holders and 10% to APE. The token will be minted on the BNB Chain.

Binance, alongside other exchanges like OKX and KuCoin, will ensure smooth distribution of the tokens.

Although MONKY distribution is confirmed, its Binance listing remains subject to a rigorous review process. For now, Binance assures users of seamless support during the airdrop.

Also Read: Could Hyperliquid (HYPE) Break $10 with Binance Listing?

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Dishita Malvania - Senior crypto journalist at The Crypto Times
By Dishita Malvania
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Dishita Malvania is a Crypto Journalist with 3 years of experience covering the evolving landscape of blockchain, Web3, AI, finance, and B2B tech. With a background in Computer Science and Digital Media, she blends technical knowledge with sharp editorial insight. Dishita reports on key developments in the crypto world—including Litecoin, WazirX, Solana, Cardano, and broader blockchain trends—alongside interviews with notable figures in the space. Her work has been referenced by top digital media outlets like Entrepreneur.com, The Independent, The Verge, and Metro.co, especially on trending topics like Elon Musk, memecoins, Trump, and notable rug pulls.
Gopal Solanky - Crypto Research Analyst at The Crypto Times
By Gopal Solanky Sr. Crypto Journalist
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Gopal Solanky is a Research Analyst and Reporter with over 5 years of experience in DeFi, blockchain, crypto, IT, and financial markets. With a Bachelor's in Computer Applications, he brings a strong technical foundation to his analysis and reporting. Gopal focuses on breaking down complex topics for both seasoned investors and curious readers. His work has been referenced by publications like Business Insider and Vulture.com, highlighting his contributions to industry stories around topics like Huwak Tuah Memecoin and the FTX collapse.

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