The digital currency sphere has witnessed another milestone with the official launch of the Wise Monkey ($MONKY) token. Developed by Ape Accelerator and Forj, two renowned names under the umbrella of Animoca Brands, $MONKY has been introduced on the BNB chain. As per the recent announcement made on social media, the $MONKY token is initiating an airdrop to reward FLOKI holders.
The launch of the $MONKY token has been a highly anticipated event within the digital currency community. The token, with its unique features and benefits, is expected to create a significant stir in the market.
At the heart of the $MONKY airdrop, lies FLOKI, a popular meme token. As per the shared details, FLOKI holders stand to gain the most from this airdrop, with a whopping 27% of the total token supply being allocated to them. For each FLOKI held, meme token holders will receive 0.35 $MONKY. This arrangement provides a substantial incentive for those who have already invested in the ecosystem.
Snapshot of eligible holders and stakers will be captured on December 15 at 00:00 UTC. The distribution of the $MONKY tokens is slated for December 20.
Apart from the meme token holders, other token holders will also be rewarded. They are allocated 4% of the total supply, at a rate of 130 $MONKY per TOKEN. Additionally, users of the Floki Trading Bot stand to benefit as well. They will be rewarded from an additional 4% of the total supply as part of a trading competition.
The $MONKY token, which has a total supply of 10 trillion tokens, launched with a fully diluted valuation of $10 million. The primary objective of this launch is to broaden the token’s ecosystem and reward its community for their loyalty and engagement.
This exciting development in the digital currency realm is a testament to the growing influence and acceptance of such tokens. The launch of the $MONKY token not only provides an opportunity for investors and traders to expand their portfolios but also fosters a sense of community among the holders. With the forthcoming airdrop and the associated benefits for FLOKI and other token holders, the $MONKY token is set to make waves in the digital currency market.
