Binance Establishes Alpha Points Criteria for AKEDO Event
AKEDO Token Generation Event: Binance has announced the AKEDO (AKE) Token Generation Event, requiring participants to hold at least 238 Alpha Points, with the event scheduled for August 21, 2025.
Market Impact: The event is expected to influence BNB liquidity and trading volumes, as it will only accept BNB as payment, potentially increasing short-term demand for the cryptocurrency.
Token Details: A total of 2 billion AKE tokens will be offered, representing 2% of the supply, with an anticipated fully diluted valuation between $1.24 million and $20 million based on market demand.
Liquidity Considerations: While such events have historically boosted initial trading volumes for BNB, the long-term effects remain uncertain, and no significant regulatory comments have been made regarding this TGE.
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