- Main event, leadership changes, market impact, financial shifts, or expert insights.
- Binance requires 238 Alpha Points for AKEDO.
- Event may boost BNB trading volumes.
Binance announces the AKEDO (AKE) Token Generation Event, demanding at least 238 Alpha Points for participation. The event is set for August 21, 2025, from 4:00 to 6:00 PM (UTC+8).
The event is significant as it influences Binance’s BNB liquidity and potentially drives demand, impacting the cryptocurrency’s short-term market dynamics.
Binance has announced an eligibility requirement for the exclusive AKEDO (AKE) Token Generation Event (TGE). Users need to hold at least 238 Binance Alpha Points with a deduction of 15 points for participation.
“Binance announced on X that Binance users who have 238 or more Binance Alpha Points can join the AKEDO (AKE) TGE event through the Alpha event page, and 15 points will be deducted for participation.” — Binance
The AKEDO event is hosted by Binance Wallet and backed by a dynamic bonding curve model. No official statements were released by Binance’s top brass or Akedo’s leadership on their social media platforms regarding this announcement.
The announcement has sparked interest in BNB transactions with the event accepting only BNB as payment. Expected fully diluted valuation could reach between $1.24 million and $20 million, influenced by market demand. Offering a total of 2,000,000,000 AKE tokens, representing 2% of the supply, this TGE marks a significant financial stride. However, no comments from regulators or institutions regarding this TGE have emerged.
Similarly structured events in the past have increased initial trading volume and short-term demand for BNB among eligible users. Akedo’s new listing on Binance Wallet announced will allow participants to trade AKE on DEXs almost immediately after the event concludes. No controversy or pushback noted in public forums like Telegram or Discord.
Such events could lead to increased liquidity for BNB, but it remains unclear if long-term impacts follow. A standalone Twitter update from Binancezh may provide insights into this evolving scene.
No direct statements from prominent crypto names reflect on the Alpha Points’ policy or Akedo’s TGE.
