Birdeye denies airdrop plans in latest announcement

Cryptocurrency trading aggregator Birdeye has unveiled a new feature to customize its data pool, while also addressing speculation about a potential airdrop.

In a Jan. 27 post on for an airdrop. The team behind Birdeye said the Terminal feature allows users to customize notifications related to market movements, token performance, trading events and technical indicators.

NEW FEATURE: BIRDEYE TERMINAL

No airdrop, but it’s our next best thing!

Birdeye Terminal is an advanced tool for Birdeye users. It allows you to personalize your trading experience with our vast pool of data, allowing you to make more timely decisions and increase your earnings.💰

🧵 👇

(1/4) pic.twitter.com/AI9VqpFmKC

– Birdeye (@birdeye_so) January 26, 2024

You might also like: Saga increases airdrop incentives for games on crypto platforms

Birdeye joins other data aggregators, such as CoinMarketCap and CoinGecko, in taking a cautious approach to token issuance, opting not to introduce its own tokens. However, there are still platforms, such as Arkham Intelligence, that have chosen to incentivize user activity by launching tokens. Arkham, for example, introduced its ARKM token, rewarding users for contributing valuable intelligence information.

Birdeye’s claim regarding an airdrop coincides with a broader craze in the crypto community, where there has been a surge of excitement around multiple token distributions in recent weeks. For example, the Jupiter decentralized exchange, based on the Solana network, will distribute 200 JUP tokens to its users starting January 31st. Additionally, Solana’s WEN meme coin has attracted attention, recording an impressive 4,000% increase since its launch on January 26, reaching a market capitalization of more than $50 million within 12 hours of its debut.

To know more: Bybit swap to list Solana DEX Jupiter JUP token

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