Wise Monkey (MONKY) is a meme-inspired cryptocurrency that has recently gained attention in the crypto community. Here are the latest developments as of December 24, 2024:
Token Burn Scheduled
Wise Monkey plans to reduce its circulating supply by burning 1.5 trillion tokens, accounting for 15% of the total supply. This event is scheduled for December 26, 2024. Token burns can decrease supply, potentially increasing the value of remaining tokens if demand remains constant or rises.
Airdrop Distribution Completed
Binance has completed the Wise Monkey (MONKY) airdrop distribution to FLOKI and ApeCoin (APE) holders. Eligible users can view their token balances in their Binance accounts.
Market Performance
As of December 24, 2024, Wise Monkey is trading at approximately $0.00001565, with a 24-hour trading volume around $8.5 million. The token has experienced significant volatility, with an all-time high of $0.00002731 on December 12, 2024, and an all-time low of $0.00001165 on December 15, 2024.
Community Engagement and Future Plans
The Wise Monkey project emphasizes community-driven development and has plans for future collaborations and innovations. Notably, a partnership with Floki is anticipated, with developments expected in early 2025.
Please note that cryptocurrency investments carry significant risks due to market volatility. It's essential to conduct thorough research and consider your financial situation before making any investment decisions.(copied from Binance squar)
