Binance Alpha Platform Lists a New Altcoin: Airdrop Available!

The world's largest cryptocurrency exchange, Binance, has added another altcoin to its pre-listing pool, the Alpha platform.

Binance’s pre-listing platform, Binance Alpha, continues to add projects with high growth potential. According to the latest announcement, Degen (DEGEN) stands out among the projects that will be featured on the Binance Alpha platform.

Being featured on the Binance Alpha platform does not mean that the tokens will be directly listed on the Binance exchange, but it allows projects to reach a broader investor base and increases the potential listing chances. DEGEN stands out as a token specifically offered as a reward to Farcaster users.

A token's presence on the Binance Alpha platform indicates that Binance has reviewed the project and that it holds value in the ecosystem. However, this does not guarantee that the token will definitely be listed on the Binance exchange. Many projects that were featured on Binance Alpha in the past have successfully reached significant investor bases by being listed on the Binance exchange over time.

Additionally, according to Binance’s announcement, users will be able to claim 13,862 DEGEN token airdrops starting from 10:00 AM Turkey time on June 14, 2025, provided they have at least 245 Binance Alpha Points through the Binance Alpha event page. If the airdrop application is not completed within 24 hours, the user will be considered to have lost this right. Furthermore, Binance will carry out the airdrop distribution in two phases starting June 19, 2025: In the first phase, guaranteed distribution will be made for high-scoring users, while in the second phase, the point threshold will be lowered, and remaining rewards will be given on a “first come, first served” basis. Subsequent announcements by Binance should be followed for event details.

According to CoinGecko data, DEGEN has gained 0.4 in value over the last 24 hours and is currently trading at $0.003861.