Binance has begun distributing Xterio (XTER) through its Alpha platform. Eligible users are expected to use 15 Alpha points before May 20, 2025, to claim 294 XTER tokens. Failing to act within the timeframe will result in confiscation.
This airdrop attracts participation in the broader trading competition, with total prizes up to $1 million, reflecting a strong promotional strategy. After distribution, XTER dropped 15%, likely due to initial recipients taking profits.
Xterio Airdrop fuels trading frenzy on Binance
Binance has begun distributing Xterio (XTER) through its Alpha platform. Eligible users are expected to use 15 Alpha points before May 20, 2025, to claim 294 XTER tokens. Failing to act within the timeframe will result in confiscation.
This airdrop attracts participation in the broader trading competition, with total prizes up to $1 million, reflecting a strong promotional strategy. After distribution, XTER dropped 15%, likely due to initial recipients taking profits.
"We are excited to announce that Xterio (XTER) has been launched on Binance."
Market data highlights post-listing volatility
Did you know? The launch of Xterio follows the new token offering model established by Binance, which often sees significant volatility after initial airdrops, as seen in previous Binance Alpha initiatives.
Xterio (XTER) is priced at $0.27, with a market cap of $36,059,631 and no significant market dominance. Fully diluted market cap stands at $269,162,678, with trading volume skyrocketing by 150.52%, at $27,947,909, as reported by CoinMarketCap.
Information shows that Binance's launch event emphasizes the company's ongoing efforts to enhance user participation and market activity. Research also indicates that similar token airdrops effectively drive platform engagement, despite short-term volatility in token prices.
