#BinanceAlphaAlert Binance Alpha listed Xterio (XTER) with an airdrop, but the token price fell 15.8% to $0.28 despite the announcement.

Binance Alpha will list SOON (SOON) on May 23, 2025, with an upcoming airdrop.

The airdrop and points system of Binance Alpha drives user engagement, generating over $12 billion in accumulated trading volume and over 25 million transactions.

Binance Alpha, the platform dedicated to early-stage crypto projects from the global cryptocurrency exchange Binance, has announced the listing of Xterio (XTER). Despite the news, the token price fell in double digits.

Additionally, the exchange stated it will list SOON (SOON). Trading for this token will begin on May 23, 2025.

XTER plummets despite the listing on Binance Alpha.

For context, the XTER token powers the Web3 gaming platform Xterio. The platform allows developers to create on-chain games and offer creative gaming experiences. In July 2023, Binance Labs invested $15 million in Xterio.

The funds were dedicated to accelerating game creation, supporting the integration of AI technologies, and facilitating the launch of Xterio tokens to expand its gaming ecosystem.

Notably, the latest listing of XTER also includes an airdrop on Binance Alpha. According to a post on May 19 on X (formerly Twitter), eligible users can claim 294 XTER tokens starting at 8:00 UTC on May 19, via the Alpha Event page.