hold or not - Massive Simon's Cat Airdrop to Pounce on FLOKI Holders via Binance

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Airdrop Massive Simon’s Cat Airdrop to Pounce on FLOKI Holders via Binance 1 min - Around 2 mins mins to read

Key Points:

Eligibility requires a minimum of 400,000 FLOKI tokens in Binance accounts⁠.

The distribution of 900 billion CAT tokens will be proportional to FLOKI holdings, and no action will be required from users⁠.

FLOKI holders on Binance will be able to receive Simon’s Cat Airdrop. The snapshot will be on August 30, 2024. A minimum of 400,000 FLOKI is needed.

FLOKI official X account has stated that Binance will support the distribution of the Simon’s Cat Airdrop to FLOKI token holders on Binance.

Simon’s Cat Airdrop Will Be Distributed on Binance

The airdrop snapshot is scheduled to occur on August 30, 2024, at 07:59:59 UTC to portray an equitable, relevant existing record of FLOKI cryptocurrency holders at the time of the snapshot for subsequent issuance of Simon’s Cat Airdrop.

According to a statement, users must hold a minimum of 400,000 FLOKI tokens in their Binance account. After that, each eligible participant will receive an amount from the 900 billion CAT tokens relative to one’s holdings in FLOKI tokens. The ratio will be 900 billion CAT divided by the sum of all qualifying FLOKI tokens.

Read more: The Launch Of Simon’s Cat Meme Coin Will Boost FLOKI Value

Distribution Process and Token Allocation

There is nothing to do on the side of Binance users holding FLOKI tokens to get the airdrop. CAT tokens will be deposited into the accounts of qualifying users on Binance. When the snapshot is taken, Binance will determine the exact distribution details based on the total number of eligible FLOKI tokens.

“Do note that this refers to the minimum amount of FLOKI tokens a user needs to hold, not the dollar value.” FLOKI emphasized that the requirement is in token quantity, not dollar value. “For example, 400,000 FLOKI tokens at a rate of $0.000125 = $50 worth in value. This price may vary depending on how much a FLOKI token is worth at any point in time.”

CAT Binance Simon's Cat Floki Simon's Cat Floki Binance Simon's Cat Meme Coin

Author Thana

I am a news editor at Coincu, where I produce daily editorial packages and manage the knowledge and review article sections. Before journalism, I earned a Bachelor's degree in Global Logistics and Supply Chain Management from Northampton University and studied news journalism at Press Association Training.

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Massive Simon’s Cat Airdrop to Pounce on FLOKI Holders via Binance