Chiliz Price Surges 13% as Binance Supports PEPPER Airdrop

Chiliz $CHZ surged 13% to $0.07227 after Binance announced a PEPPER token airdrop, boosting its market cap to over $650 million. To qualify, users must hold at least 100 CHZ, and for every 150 CHZ, they'll receive 1,000 PEPPER tokens. Snapshots for the airdrop will take place from October 10-31, 2024.

PEPPER, the first meme coin on the Chiliz blockchain, has no clear utility yet but is generating excitement. CHZ broke key resistance levels, with open interest rising 58%. If this bullish trend continues, the next target is $0.084.