Binance Alpha Launches Sperax (SPA) Airdrop Event

Binance Alpha has announced the launch of a Sperax (SPA) airdrop event. Users must hold 160 Binance Alpha points to claim 4,607 SPA tokens. The airdrop is administered on a first-come, first-served basis.

SPA token rewards are accessible using Binance Alpha points, with the requirement to confirm claims on the event page within 24 hours. Claims consume 15 Alpha points. The event highlights Binance’s focus on user engagement.

Binance Alpha Rolls Out Sperax (SPA) Airdrop: Claim with 160 Points

“Users holding at least 160 Binance Alpha points can claim an airdrop of 4,607 SPA tokens. It’s first come, first served, until the airdrop pool is depleted or the event ends. Please note that claiming the airdrop will consume 15 Binance Alpha points. Users must confirm their claim on the Alpha event page within 24 hours, or it will be considered a forfeiture of the airdrop.” — Binance Announcement

No leading figures from Binance or Sperax have made public remarks regarding the airdrop. The cryptocurrency community notes a strategic incentivization approach through this SPA distribution, though no governmental feedback has been reported.

“Users holding at least 160 Binance Alpha points can claim an airdrop of 4,607 SPA tokens. It’s first come, first served, until the airdrop pool is depleted or the event ends. Please note that claiming the airdrop will consume 15 Binance Alpha points. Users must confirm their claim on the Alpha event page within 24 hours, or it will be considered a forfeiture of the airdrop.” — Binance Announcement

Historical Insights and Market Reactions to SPA Airdrop

Did you know? Binance has conducted similar airdrop campaigns previously, often resulting in short-term trading volume spikes for distributed tokens, a trend that might repeat with the current Sperax (SPA) event.

According to CoinMarketCap, Sperax (SPA) trades at $0.01 with a market cap of $23.28 million. Its trading volume increased by 494.15% in 24 hours, while the price decreased by 7.68%. Over 90 days, SPA fell by 26.92%.

The Coincu research team notes Binance’s point-based airdrop aligns with broader trends in user incentive models. Event outcomes are expected to shape market participation metrics, contingent on trading behaviors and engagement strategies.