Binance has officially announced the listing of Skate (SKATE) on its Alpha platform, marking a significant development in the altcoin market.
Following the announcement, SKATE experienced a notable 33.3% price surge in pre-market trading, reflecting robust investor interest.
Binance will also host an exclusive 24-hour airdrop event for SKATE tokens, redeemable via Binance Alpha Points starting June 9, 2025.
Binance lists Skate (SKATE) on Alpha with futures trading and airdrop event, driving a 33.3% price surge and boosting market liquidity for this emerging altcoin.
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Binanceās introduction of SKATE trading on its Alpha platform represents a strategic expansion of its altcoin offerings. SKATE, the native token of the Skate multi-VM infrastructure, has a capped supply of 1 billion tokens, with 10% earmarked for an initial airdrop to incentivize early adopters. The listing is scheduled to begin on June 9, 2025, at 10:00 UTC, with futures trading launching shortly after at 10:30 UTC. This dual availability on spot and futures markets is designed to enhance liquidity and provide traders with diversified instruments to engage with SKATE.
In conjunction with the listing, Binance is rolling out a time-sensitive airdrop exclusive to Binance Alpha users. Eligible participants can claim SKATE tokens by redeeming Binance Alpha Points within a 24-hour window starting June 9, 2025, at 10:00 UTC. This initiative aims to reward active users and stimulate trading activity. Binanceās official communication emphasized the importance of this event, stating, āEligible users need to use Binance Alpha Points to claim their airdrop on the Alpha event page, which will be published on June 9 with the activity rules.ā This approach not only encourages platform engagement but also fosters a community-driven adoption of the SKATE token.
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Source: https://en.coinotag.com/binance-plans-to-list-skate-skate-with-futures-and-airdrop-starting-june-2025/