- •Bitget's new airdrop rewards early on-chain traders of Binance Life and PALU.
- •Gracy Chen actively leads initiatives with strategic innovations.
- •Increased engagement and trading volumes noted around the airdrop.
Bitget has launched the fourth phase of its Early Hunter Airdrop, rewarding early traders of Binance Life and PALU with tokens based on prior trading activity.
This initiative aims to enhance user engagement and trading volume, reflecting Bitget’s strategic expansion in the on-chain trading ecosystem.
Bitget Unveils Phase 4 of Airdrop
Bitget has unveiled the fourth phase of its Early Hunter Airdrop. This phase targets early participants trading select tokens, most notably Binance Life and PALU, with rewards for prior on-chain trading activity before their market listing.
The orchestrator of the campaign is Bitget, led by Managing Director Gracy Chen. The reward system distributes tokens based on trading history, enhancing engagement and stimulating market activity during the airdrop phases.
Impact and Market Response
Bitget's airdrop has resulted in increased trading volume and user engagement for Binance Life and PALU tokens. As CryptoRank VC shares updates
, this approach drives enthusiasm within the crypto community and solidifies Bitget’s innovative market strategies.
The airdrop specifically impacts the distribution of Binance Life and PALU, with traders receiving direct compensation in tokens. While major assets like ETH and BTC remain unaffected, this initiative boosts visibility for the involved tokens.
The market response shows short-term boosts in trading activity, though broader economic impact on core cryptocurrencies remains limited.
Potential outcomes include sustained growth in on-chain trading volume. Historical trends from previous airdrops indicate limited systemic impact on larger tokens but successful enhancement of trading dynamics and user acquisition for Bitget's platform.
"We are excited to launch the fourth phase of our Early Hunter Airdrop, aiming to reward our loyal traders with unique opportunities in collaboration with high‑potential projects like Binance Life and PALU." — Gracy Chen, Managing Director, Bitget