Back

Binance Alpha Launches DORA Airdrop With Time-Limited Claim Mechanism

DORA’s price dropped sharply alongside Binance Alpha’s ongoing airdrop, with market capitalization falling to $240 million and token holding addresses surpassing 92,000.

Summary

DORA’s market value fell more than 15% in the past 24 hours, reducing its capitalization to $240 million, according to GMGN data. The number of DORA holders has reached 92,300. This decline coincided with Binance Alpha’s airdrop event, which requires participants to have at least 200 points to claim tokens.

Terms & Concepts
  • Airdrop: A distribution of cryptocurrency tokens to users, often used as a promotional strategy to encourage adoption or reward loyal participants.
  • DORA Token: A cryptocurrency distributed through the Binance Alpha airdrop event, allocated to eligible participants meeting the point requirements.