Binance gives away $ALLO — what does it mean for the holder of $BNB

Binance launches HODLer Airdrop: everyone who held $BNB in Simple Earn or On-Chain Yields from October 23 to 26 will receive the new token Allora ($ALLO). The airdrop is automatic, with no action required from the user.

On November 11, $ALLO will appear on the Binance exchange. High volatility is expected — this is a chance for quick profit or loss.

What this means for the average trader:

- If $BNB was in the right place — you will receive free tokens.

- If not — you will receive nothing, even if you just held $BNB in your wallet.

- After the listing, you can try to sell $ALLO at the peak of the hype.

- But the token has a “seed tag” — this means high risk, restrictions, and potential instability.

The essence between the lines:

Binance is not just “giving away” — it encourages holding $BNB in its products. The airdrop is marketing, not charity. But for the attentive trader — this is a chance.

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