In a significant development, Binance announced the listing of VANA Coin and confirmed plans for an airdrop, marking its 62nd project on Launchpool. This news has stirred excitement among crypto enthusiasts, particularly as it comes on the heels of a recent surge in another altcoin with a similar name, highlighting the speculative nature of the market.
What Are the Details of the Airdrop?
Investors are poised to benefit from the upcoming airdrop linked to the VANA listing. The Launchpool window is set to open shortly, allowing users to stake BNB and FDUSD for a two-day period to qualify for their airdrop rewards.
When Will VANA Coin Be Listed?
The actual listing of VANA Coin is scheduled for December 16, with key trading pairs including VANA/USDT and VANA/BNB set to launch. The listing comes with a cautionary note regarding potential high volatility.
The initial supply of tokens will be 112,641,600 VANA, with 4% allocated as rewards. Upon launch, around 30.084 million tokens will be circulating, representing 25% of the total supply, thus attracting significant attention in the crypto community.
- VANA Coin is listed as part of Binance’s Launchpool.
- Investors can stake BNB and FDUSD to receive airdrop allocations.
- The listing is accompanied by a warning of high volatility.
- Initial token supply includes a significant percentage allocated as rewards.
Despite the surge of a similarly named token, VANA Coin is distinct and is not connected to that previous increase. This distinction emphasizes the importance of due diligence for investors navigating the crypto landscape.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Source: https://en.bitcoinhaber.net/binance-confirms-vana-coin-listing-and-airdrop