SAPIEN hits ATH after Binance HODLer airdrop, hits Binance spot market

SAPIEN skyrocketed more than 100% in the past 24 hours after being featured in Binance’s HODLer Airdrop and confirmed for a spot listing on the exchange.

Summary

  • SAPIEN surged over 100% after being featured in Binance’s HODLer Airdrop program and announced for a subsequent spot listing on the exchange.
  • The Binance debut adds to Sapien’s growing list of CEX listings, joining Coinbase, Kraken, KuCoin, and Bitget.

Sapien (SAPIEN) price has surged over 100% in the past 24 hours, driven by the listing on Binance HODLer Airdrop program, marking it as the 57th project on the platform. Users who had subscribed their Binance Coin (BNB) to Binance’s Simple Earn or On-Chain Yield products between October 20 and October 22 were eligible to receive SAPIEN tokens through the airdrop.

The official listing on the exchange for spot trading occurred today at 10:00 UTC, with trading pairs available against USDT, USDC, BNB, and TRY.

SAPIEN had its token generation event on August 20. It serves as a utility and governance token for Sapien, a decentralized protocol designed to connect human intelligence with AI systems, with the aim of producing high‑quality training data. The project is built on BASE, Coinbase’s Layer 2, and uses a mechanism called Proof of Quality, where staking, validation, reputation, and incentives are used to align contributors and validators around producing trustworthy, high‐quality data.

Today’s listing on Binance adds to Sapien’s already impressive lineup of major exchange listings, which includes Coinbase, Kraken, KuCoin, and Bitget.

SAPIEN price technical analysis

SAPIEN price surged to a new ATH of $0.49 today, surpassing the previous peak of $0.38 reached in September. It is now trading between $0.25 and $0.40 amid heightened volatility and elevated volume, up almost 3000% in the past 24 hours.

With price extremely overextended from the 50-day EMA and the RSI deep in overbought territory near 77, it appears primed for a deep correction.

The most likely pullback zone sits around $0.20–$0.22, which aligns with the previous horizontal resistance that may now act as support. If momentum fades and profit-taking accelerates, a deeper retracement toward the EMA 50 ($0.17) cannot be ruled out.

SAPIEN hits ATH after Binance HODLer airdrop, hits Binance spot market - 1
SAPIEN price 1D chart | TradingView

Source: https://crypto.news/sapien-hits-ath-after-binance-hodler-airdrop-hits-binance-spot-market/