Birdeye refutes airdrop plans in latest announcement

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Crypto buying and selling aggregator Birdeye has unveiled a brand new characteristic to customise the information pool, whereas additionally addressing speculations surrounding a possible airdrop.

In an X publish on Jan. 27, Birdeye unveiled a device known as “Terminal,” designed to empower customers to tailor their knowledge pool for a extra personalised buying and selling expertise, including that, as of now, there are not any plans for an airdrop. The crew behind Birdeye stated the Terminal characteristic permits customers to customise notifications associated to market actions, token efficiency, buying and selling occasions, and technical indicators.

Birdeye joins different knowledge aggregators, reminiscent of CoinMarketCap and CoinGecko, in adopting a cautious method to token issuance, opting in opposition to introducing their tokens. Nevertheless, there are nonetheless platforms, like Arkham Intelligence, which have chosen to incentivize person exercise by launching tokens. Arkham, as an illustration, launched its ARKM token, rewarding customers for contributing priceless intelligence insights.

Birdeye’s assertion concerning an airdrop coincides with a broader craze within the crypto neighborhood, the place there was a surge in pleasure surrounding a number of token distributions in current weeks. For instance, the Jupiter decentralized change, primarily based on the Solana community, is set to distribute 200 JUP tokens to its customers beginning on Jan. 31. Moreover, Solana’s WEN meme coin has garnered attention, experiencing a powerful 4,000% surge since its launch on Jan. 26, reaching a market capitalization exceeding $50 million inside 12 hours of its debut.

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