GPS Token Launches on Binance with Exciting Airdrop
GPS,the native token of GoPlus Security,is set to debut on Binance with a special airdrop event. The token has already seen a 15% price surge since the listing announcement.
On March 4, Binance revealed it would distribute GPS tokens to BNB holders an hour before the official listing. Trading will commence at 13:00 UTC on the same day.binance will support GPS trading pairs with USDT, USDC, BNB, FDUSD, and TRY.
Binance users who held BNB in Simple Earn or On-Chain Yields from February 19 to 24 will recieve GPS tokens. This airdrop has sparked interest, pushing the token price to $0.16, a 15% increase, as per CoinGecko.
Despite a 16% decline over the past month, GPS has seen a weekly rise of nearly 18%. At the time of writing, itās up 11% and trading at $0.14.
Since its January 16 launch, GPS has amassed a $264 million market cap and a $1.4 billion fully diluted valuation.The Binance listing has also boosted its trading volume by 410% to over $35 million in the past 24 hours.
Binance will tag GPS with a āseedā label, indicating itās a newer project with possibly higher trading risks. GPS will trade on the Base (BASE) network.
GoPlus Security is a web3 project offering real-time token security auditing and decentralized data solutions. GPS holders can earn rewards by staking tokens to run security nodes or provide security data.
Notably, former Binance CEO Changpeng āCZā Zhao shared a GoPlus Security post warning about the security risks of Ronaldinhoās STAR10 token on the Binance Smart Chain.