As a seasoned analyst with over two decades of experience in the financial markets, I must say that the crypto market has never ceased to amaze me. The recent surge in Bitcoin’s value and the upcoming Monkey airdrop are clear indicators of the dynamic nature of this space.
2024 is drawing to a close, but the crypto market is flourishing as Bitcoin‘s worth increased by 37% in just one month, leading some analysts to predict that December could bring even greater gains, possibly pushing the Bitcoin value towards $100k. Meanwhile, there are several chances available right now in the airdrop sector. A fresh airdrop for Wise Monkey is set to launch soon, featuring a token inspired by the proverb of three wise monkeys: ‘See No Evil, Hear No Evil, Speak No Evil.’ Due to high interest, the team has disclosed the listing date, qualification criteria, and numerous other specifics.
Monkey Airdrop Going Live Date, Eligibility Criteria & More
2024’s Airdrops chart highlights the popular Monkey airdrop, as gaming and cryptocurrency company Forj, an Animoca Brands subsidiary, is set to release the meme coin Wise Monkey. Notably, several cryptocurrency platforms such as Binance, Kucoin, OKX, and others are backing this crypto giveaway.
The MONKY airdrop becomes active in December, specifically on the 12th for the token release. Notably, this airdrop is jointly conducted with FLOKI, making it exclusive to FLOKI, APE, and other compatible token holders.
FLOKI TO SUPPORT THE WISE MONKEY (MONKY) LAUNCH
We’re excited to share the news: Floki is set to assist in the debut of the eagerly awaited Wise Monkey/ $MONKY memecoin – a fresh and intriguing initiative from Forj, a division of Animoca Brands!
Forj, Animoca Brands has…
— FLOKI (@RealFlokiInu) November 14, 2024
Mainly, the crypto airdrop is set to launch on the Binance Smart Chain network and several well-known cryptocurrency platforms at distinct times. Users are advised to verify their eligibility by visiting tb.floki.com.
MONKY Airdrop Eligibility & Distribution Criteria
Via the MONKY airdrop event, FLOKI, Forj, Animoca Brands, and The Wise Monkey have joined forces to provide a significant portion to the FLOKI community. Specifically, 35% of the total MONKY supply is set aside for FLOKI supporters. This allotment will be distributed as follows:
Terms & Conditions for FLOKI Holders
As an analyst, I can share that a significant portion of this crypto airdrop, specifically 35%, has been designated for FLOKI holders and users of our FLOKI trading bot. Direct eligibility for the 4% Monkey airdrop is granted to our trading bot users. However, for FLOKI holders, their entitlement is contingent upon several factors.
In this setup, for every 1 FLOKI token a user holds, they’ll receive 0.35 MONKY tokens. So, if someone has 100 FLOKI, they’d get 35 MONKY; with 1000 FLOKI, they’d get 350 MONKY, and so on. However, it’s important to note that to qualify for the airdrop, one must hold at least 1 FLOKI token, but the exact amount of tokens received as an airdrop will depend on the number of FLOKI held.
Terms & Conditions for TOKEN Holders
As a Tokenfi (TOKEN) holder, you stand to gain 4% of the Monkey airdrop. To be eligible for this distribution, it’s essential that you hold at least 1 TOKEN. In simple terms, for every TOKEN you own, you will receive approximately 130 MONKY tokens. So, if you have 100 TOKEN in your wallet, you would receive around 13,000 MONKY tokens as part of the airdrop. The distribution remains consistent based on the number of TOKEN you hold.
Terms & Conditions for APE Holders
The original announcement revealed that those who own APE can receive a 10% distribution of MONKY tokens. Here’s how the allocation breaks down:
For every 1 Ape token (APE) held, one receives 804,828 Monkey tokens (MONKY). Therefore, if someone owns 100 Ape tokens, they will receive 804,828 \* 100 Monkey tokens. The counting continues in this manner.
What’s The Expected MONKY Token Price on Listing?
Before its debut, well-known cryptocurrency exchanges like Kucoin and others have expressed interest in the MONKY token, indicating strong market interest for the token. Additionally, a significant partnership between a prominent gaming and crypto company, Forj, and one of the most popular meme coins could potentially boost demand even more.
Wise Monkey @MonkyMeme is swinging into #KuCoin —stay tuned!
— KuCoin (@kucoincom) November 30, 2024
At present, the listing price remains transparent. What’s more crucial to consider is the potential growth of the token beyond its initial release, as the unpredictability of the Monkey airdrop might influence the value of the Monky token. Nevertheless, the high demand suggests a strong likelihood of an immediate surge following the launch.
Bottom Line
The much-awaited Monkey Drop, a cryptocurrency airdrop, has been generating excitement because Forj is combining gaming, web3, and blockchain technology with this token. Starting from December 12, 2024, Kucoin and other exchanges will list this token. However, the distribution of MONKY tokens in the airdrop depends on several factors. As we approach December 15, 2024, FLOKI and TokenFi holders will receive their airdrops. Already live for APE holders, new APE users missed out on this opportunity. The Monkey team plans to distribute approximately 45% of tokens through the airdrop, with 35% allocated for the FLOKI community and 10% for the APE community.
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2024-12-02 14:57