Binance Alpha Airdrop Sends AKEDO Price Soaring

AKE's price has surged by nearly 36% in the past 24 hours to $0.0027, with its weekly RSI sitting above 83 and indicating overbought conditions.

This sudden increase is attributed to the Binance Wallet 'Alpha Box' airdrop, which pairs AKEDO (AKE) with ULTILAND (ARTX), offering users a chance to claim AKE tokens or ARTX equivalents based on their Binance Alpha points balance.

The top 100 wallets control approximately 98.82% of the supply, and the two largest wallets alone hold around 18.4% and 15% of the total supply, highlighting extreme concentration in the market.