The post Binance HODLer Airdrops Adds Simon’s Cat (CAT) and Pudgy Penguins (PENGU) appeared first on Coinpedia Fintech News

Binance has introduced Simon’s Cat (CAT) and Pudgy Penguins (PENGU) as the latest tokens in its HODLer Airdrop program. These additions mark the fourth and fifth products in the program, which rewards loyal Binance users with exclusive token airdrops.

Trading Details and Timelines

As per the announcement, Binance will list CAT at 2024-12-17 09:00 (UTC) and open trading against USDT, BNB, FDUSD, and TRY pairs. Binance will list PENGU at 2024-12-17 14:00 (UTC) and open trading against USDT, BNB, FDUSD, and TRY pairs.

A significant portion of both token supplies has been allocated for the airdrops. Binance has set aside 12.7% of the total CAT supply, equal to $1.14 billion CAT, and 3% of the PENGU supply, or $2.66 billion PENGU, for the program.

The airdrops will be distributed to users who subscribed to Binance’s Simple Earn products with their BNB between December 9-12, 2024.

Meet the Tokens: Simon’s Cat and Pudgy Penguins

Simon’s Cat (CAT) is a BNB Chain-based meme coin inspired by the hugely popular animated series and meme, Simon’s Cat. On the other hand, Pudgy Penguins (PENGU) comes from one of the most successful NFT collections, expanding its reach into the cryptocurrency market.

How Binance HODLer Airdrops Work

The Binance HODLer Airdrop program rewards users holding BNB by distributing tokens based on snapshots of their BNB balances. Users automatically qualify by subscribing to Binance’s Simple Earn products, which also provide access to Launchpool and Megadrop rewards.

What makes this program unique is its retroactive approach. Unlike other earning methods, users don’t need to perform ongoing actions to qualify. Simply holding and subscribing their BNB makes them eligible for rewards.

By adding Simon’s Cat and Pudgy Penguins, Binance continues to blend meme culture with cryptocurrency innovation, offering exciting opportunities to its community of BNB holders.

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