The team behind the BNB Chain made an optimistic announcement on October 13, amidst a recovering crypto market. It’s been reported that the BNB Chain, the Four Meme platform, Binance Wallet, together with ecosystem partners, will launch a $45 million “reload airdrop.”
The announcement comes amidst a bullish crypto market that saw BNB hit a new ATH above $1,370 earlier today.
Details About the $45 Million Reload Airdrop
In its official announcement on X, BNB Chain stated that the recent market conditions have created turbulence and volatilty across the entire industry, but the BNB community continues its main missions:
- Building
- Creating
- Staying engaged
To recognize the community’s resilience and dedication to the ecosystem and the industry, BNB Chain, together with the Four Meme platform, PancakeSwap, Binance Wallet, and Trust Wallet, is launching a $45 million “reload airdrop” across memecoins on the BNB Chain.
The $45 million airdrop will be sent in BNB to over 160,000 users and addresses who have traded memecoins during the past week. The final amount of BNB will be distributed randomly.
The announcement revealed the following details:
- The 1st batch of airdrops will be distributed starting this week.
- All airdrops to all users/addresses will be completed by early November.
A Collective Effort of the BNB Ecosystem
BNB Chain revealed that this effort represents a collective effort of the ecosystem to show appreciation for:
- Users
- Builders
- Memecoin community
The team also highlighted that the memecoin community on BNB Chain is one of the most active and creative communities in the entire ecosystem, and they have been affected the most during the latest tragic events that led to the $19 billion crypto market crash.
With this move, the BNB Chain shows its gratitude to everyone who continues to build, create, and participate in supporting the ecosystem.
The team ended its message by saying that the community’s energy is what keeps the ecosystem moving forward, and BNB Chain will remain committed to supporting all builders and users who innovate and help the ecosystem thrive.
More details about the airdrop will reportedly follow.
The news comes after the crypto industry witnessed an important $19 billion crash that left many traders with great losses. However, the industry is slowly recovering and, to mark renewed optimism, BNB reached a new ATH today, October 13.
At the moment of writing this article, BNB is trading above $1,280 after hitting prices of over $1,370 earlier.
