Binance Alpha Launches Peaq Token Airdrop Event

Binance Alpha launched an airdrop for peaq (PEAQ) tokens on July 13, 2025. The event involves releasing 643 PEAQ tokens to users holding sufficient Alpha points.

This airdrop aims to boost engagement and trading for newly launched tokens on Binance Alpha.

Peaq Airdrop Structure Targets Alpha Points Holders

Binance Alpha’s peaq (PEAQ) token airdrop began with a structured distribution approach, targeting users with minimum Alpha points. The process demands alpha points consumption and a time-sensitive claim period.

Eligible users must have at least 234 Alpha points initially, later reducing to 180 points. Claiming PEAQ consumes 15 points, and users must validate the claim within 24 hours.

While no direct statements from prominent figures were available, community reactions are mixed due to the volatile nature of airdrop-based trades. Here is a quote from Binance’s founder:

“The well-known NFT whale and boop.fun founder dingaling was a former employee fired by Binance for insider trading and fake CRO.” — Changpeng Zhao (CZ), Founder, Binance

Historical Airdrop Impacts and Peaq Token Data

Did you know? Historical patterns show Binance airdrops typically cause short-term price spikes, often leading to subsequent corrections post-claim periods.

CoinMarketCap reports peaq’s price at $0.07, with a market cap of $77.81 million. The trading volume decreased by 28.64% over 24 hours, while the price saw a 0.79% uplift within the same timeframe. Peaq’s circulating supply is logged at 1.04 billion tokens.

Insights from Coincu research indicate Binance Alpha airdrops impact token liquidity, though volatility remains high. The airdrop may drive initial price increases, yet sustained growth hinges on broader market forces.