Key Notes

The compensation initiative distributes funds randomly rather than by trading volume, averaging approximately $281 per wallet.

BNB price initially surged past $1,300 following the announcement but quickly reversed to $1,250 amid heavy selling pressure.

The airdrop responds to the historic Oct.

11 crash that liquidated $19.35 billion across crypto markets in 24 hours.

In a strategic effort to bolster its ecosystem, BNB Chain has announced a $45 million “Reload Airdrop” to support users affected by recent market instability. The initiative, launched with partner Four Meme, will distribute the funds in Binance Coin BNB $1 275 24h volatility: 1.8% Market cap: $178.15 B Vol. 24h: $10.59 B to more than 160,000 memecoin traders.

According to a state

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