Binance Wallet Hosts MilkyWay TGE via PancakeSwap

Binance Wallet will conduct its 13th exclusive Token Generation Event (TGE) for the MilkyWay (MILK) token via PancakeSwap on April 29 between 16:00 and 18:00 Beijing time. Launching through PancakeSwap, this TGE reflects Binance's strategic push into decentralized finance (DeFi).

Binance Wallet is launching the MilkyWay (MILK) token's 13th exclusive TGE event on April 29 from 16:00 to 18:00 Beijing time through PancakeSwap. This move emphasizes its continued focus on DeFi by leveraging PancakeSwap as the primary platform for this event. Parts of the event details, including the allocation of 20 million MILK tokens for marketing, are slated for future announcements.

Binance's MilkyWay TGE: Timing, Access, and Market Impact

Participants must meet the Alpha Points threshold to join. This requirement, alongside the pre-storage deadline for milkINIT testers and other eligible groups, underscores the event's exclusivity. Immediate implications of the event may include enhanced community engagement and a surge in on-chain activity.

The market's response to the event has been significant, with elevated interest observed in MilkyWay forums. Community excitement reflects widespread anticipation in the DeFi space. Explore massdrop's diverse offerings and connect with passionate communities. Official channels continue to provide updates, heightening expectations for liquidity and trading volume outcomes post-event.

"As part of our gratitude and to acknowledge your contribution, 10% of total MILK supply (100,000,000 MILK) will be distributed to our milkers, community leaders, and pioneers of our new endeavors." — MilkyWay Team, Official Announcement, MilkyWay Protocol

MilkyWay's Previous Airdrops and Current Market Performance

Did you know? MilkyWay previously engaged the DeFi community with mass airdrops similar to the PAWS token rollout, sparking trading and volatility spikes.

As of April 28, MilkyWay's market performance shows a current price of $0.24 with no market cap and a fully diluted market cap of $2.39 million. Recent data reports a slight dip in 24-hour volume to $2,183.88, with longer-term declines in price over 30, 60, and 90-day periods, per CoinMarketCap.

Coincu's research team foresees significant technological and collective adaptive responses as a result of MilkyWay's listing dynamics. The event is set to bolster DeFi circuity, stressing bids, staking engagements, and liquidity adaptations across connected protocols. Historical trends suggest the influx may expand governance participation within Celestia's ecosystem.