Binance to Launch Sapien Spot Trading Pairs and Airdrop Incentives
SAPIEN’s price rose sharply, gaining 127% in 24 hours, driven by Binance’s November 6 HODLer airdrop launch and strong market activity.
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Summary
SAPIEN surged past $0.35 before settling at $0.284, marking a 127% gain in 24 hours, according to HTX market data. The price spike aligned with the November 6 launch of Binance’s HODLer airdrop for Sapien (SAPIEN), part of its ongoing promotional program. The token will have an initial circulation of 2.5 billion and will trade in spot pairs against USDT, USDC, BNB, and TRY. Binance previously conducted an airdrop campaign from October 20 to 22, 2025, rewarding BNB holders who subscribed to earn products.
Terms & Concepts
- Spot Trading: Buying or selling a cryptocurrency for immediate delivery at the current market price.
- Airdrop: A promotional distribution of cryptocurrency tokens to user wallets, often to encourage adoption or reward participation.
- BNB: Binance Coin, the native cryptocurrency of the Binance exchange, used for trading fee discounts and platform-related activities.