Seraph Airdrop: Binance Alpha Launches Second Wave of Rewards

Step-by-Step Guide to Claim the Seraph Airdrop and Its Market Impact

Binance Alpha launched the second wave of the Seraph Airdrop, offering users a second opportunity to collect free SERAPH tokens. 

Source: X (formerly twitter) 

If you hold a minimum of 190 Binance Alpha Points, you qualify for 200 SERAPH tokens. 

The airdrop is on a first-come, first-served basis. If all the coins are not claimed, the points requirement will decrease by 15 points per hour.

To claim, you must verify your attendance on the Alpha Events page within 24 hours. Don't miss the window of opportunity or you won't qualify to receive the tokens. Every claim costs 15 Binance Alpha Points, so take your time before verifying. It starts today at 7:00 UTC.

Eligibility and Claiming Rules

• The air-drop is open to holders of active Binance Alpha accounts. Here is the scoop:

• You must have at least 190 Binance Al pha Points to qualify.

• Tokens are distributed until the air drop pool is exhausted.

• 15 points are used per claim.

• You have to verify your claim within 24 hours.

• If tokens are not claimed, then the points requirement decreases by 15 per hour.

This allows more individuals to receive tokens and gets people moving quickly. 

How the Airdrop May Impact SERAPH

The Seraph Airdrop would potentially raise short-term trading activity. Some users might hold on to their tokens, adding to demand, while others might sell immediately, leading to short-term price fluctuations. Historically, the coin has experienced price corrections following airdrops, so it's best that investors exercise caution.

SERAPH is available on Binance Alpha and other large exchanges such as KuCoin, Bybit, MEXC, and LBank. You can also trade it via Web3 wallets like Binance Wallet and OKX Wallet. The supply of 1 billion crypto can be traded on both BNB Chain and Ethereum, providing users with several avenues for trading.

SERAPH Price Prediction

Last week, it fell 8.18% in 24 hours, as the total crypto market remained relatively flat. 

Source: CoinMarketCap

The decline followed technical sell-offs, profit-taking from early investors, and concerns in the GameFi space.

The token fell below crucial support at $0.236, and trading volume surged. 

As long as it remains below $0.224, it may fall further towards $0.177. Positively, high community sentiment and coming upgrades can stabilize the price. Investors will want to see how the air-drop influences buying and selling, as it might give temporary demand a pick-up.

Airdrop Timing and Trading Tips

It begins at 7:00 UTC, so get in early to grab your coins. As it's first-come, first-served, being quick is essential. Watch the Alpha Events page if tokens are still unclaimed, the points threshold will be lowered, enabling more people to participate.

Also, keep an eye on the $0.224 support level, which is crucial for price stability. Although the airdrop is likely to add temporary buying pressure, general market trends and GameFi industry news can influence SERAPH's short-term price.

Why This Airdrop Matters

The Seraph Airdrop is an excellent on-ramp for new users to the project. It incentivizes active Binance Alpha members as well as encourages community involvement. Past air drop established SERAPH on the map, and this round will propel the token and its play-to-own gaming world into the mainstream.

With utility NFTs and ongoing platform building, the project keeps pushing the integration of blockchain and gaming, making this event effective way through which it can grow its user base and adoption of its cryptocurrency.