Altcoin, Which Recently Airdropped New Token to All Its Users, Gave Good News Again: New Airdrop Coming
An altcoin listed on Binance is preparing to distribute a token airdrop to its users again. Here are all the details.
Alexandre Dreyfus, CEO of Chiliz (CHZ), a sports-themed altcoin network, announced a new altcoin airdrop in the Chiliz ecosystem in his statement on X.
Chiliz, which previously attracted attention with the airdrop of the token called PEPPER, will airdrop a new altcoin called SALT to users, according to Dreyfus' statement.
According to the CEO's post, the SALT altcoin will be distributed to users in 2025.
During the PEPPER airdrop, the world’s largest cryptocurrency exchange Binance supported the move, paving the way for CHZ holders to receive PEPPER tokens. However, PEPPER remained a truly small token with a market cap of $12 million.
However, the performance of the CHZ altcoin price seems to be disappointing. In a period when we are in a serious bull market, with Bitcoin price reaching an all-time high of $85,000, the CHZ price has only increased by 1.42% in the last month. Its performance in the last year has been a 17% decrease.
The token, which has a market value of $636 million, is listed on the world's largest cryptocurrency exchanges such as Binance and Coinbase.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Tragicomic Event on This Altcoin: An Investor Turns $10,000 into $3 in Seconds
The cryptocurrency market witnessed an unfortunate trader in an altcoin lose a significant amount of funds in a matter of seconds.
Hong Kong's HashKey Group launches Ethereum Layer 2 HashKey Chain on mainnet
HashKey Group has launched its Ethereum Layer 2 HashKey Chain on mainnet.HashKey joins other crypto firms like Coinbase and Kraken in building their own Layer 2 networks using the OP Stack.
Bitcoin Price Could Skyrocket to $500K, Altcoins Set to Follow
Crypto Trader Makes Risky Bet for $8 Million Profit in 20 Minutes