TOWNS Token Surges 205% After Major Exchange Listings and 305M Airdrop, Trading Volume Tops $418M

TOWNSUSDT experienced significant price volatility in the last 24 hours, primarily driven by its coordinated listing on major exchanges, including Binance, Bitget, and Bybit, on August 5, 2025. The launch was accompanied by a large-scale HODLer Airdrop on Binance, which distributed over 305 million TOWNS tokens to BNB holders, and the introduction of high-leverage perpetual contracts (up to 75x on Binance and 50x on Bybit). These events generated heightened market interest and trading activity, resulting in a sharp 205% price spike shortly after debut, followed by a retracement from its all-time high as initial speculative momentum subsided.

Currently, TOWNSUSDT is trading at $0.04114 on Binance, reflecting a 67.24% increase over the past 24 hours, with a 24-hour trading volume exceeding $418 million and a circulating supply of approximately 2.11 billion tokens. The asset has shown a wide trading range and substantial liquidity, underscoring strong market engagement following its high-profile launch.