A key factor in LISTA’s price surge appears to be its listing on Binance, one of the world’s largest cryptocurrency exchanges
LISTA was featured in a Binance MegaDrop event, which likely contributed to increased visibility and demand for the token.
The token price has risen 37% since its airdrop and exchange listings.
Approximately 59% of the claimed airdrop tokens (31.1 million LISTA) were concentrated among just 12 receiving entities.
In the 20 hours following the airdrop, 25 million LISTA tokens (valued at $16.8 million) were either sold through decentralized exchanges (DEXs) or deposited on centralized exchanges like Binance and Bitget.
This concentration of tokens and subsequent trading activity may have contributed to the token’s price volatility and rapid appreciation.
LayerZero (ZRO) Gains Momentum
While not as dramatic as LISTA’s surge, LayerZero’s ZRO token has also seen major gains, with a 220% increase in the last 24 hours.
