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BNB Chain continues to expand its ecosystem by announcing incentives and new programs. With Bitcoin 
$88,066‘s price recently surpassing $88,000, the newly revealed initiative aims to support projects within the network. Certain conditions apply to participate in this program.
BNB Chain Liquidity Program
BNB Chain promises long-term liquidity to encourage the listing of tokens from its ecosystem on centralized exchanges (CEX). A $100 million program has been initiated to support project growth. Following the provision of $4.4 million in liquidity in previous rounds, this third round has made an ambitious start.
“This initiative aims to further enhance BNB Chain’s ecosystem liquidity by incentivizing exchanges to list local BNB Chain tokens, empowering on-chain liquidity, and solidifying market fundamentals.”
“This liquidity support round will cover all sectors, including meme, AI, DeFi, gaming, and more. Rewards will be distributed on a first-come, first-served basis to projects meeting the criteria. We look forward to seeing more high-quality assets issued on BNB Chain.”
Focus on Altcoin Listings
The program emphasizes significant, sustained liquidity support for each altcoin. The related cryptocurrency teams can enhance their communities, achieving necessary growth and potentially receiving up to $500,000 in liquidity support if listed on the exchanges mentioned.
This indicates that we will see more listings on the BNB Chain network in the coming days. This program will be crucial in encouraging notable projects on the network to be listed by exchanges.
Altcoins generating volume on the network, not yet listed on the specified exchanges, could achieve significant gains by being listed on major exchanges, including Binance. Exchanges will attract volume and ensure customer satisfaction by listing altcoins with liquidity support, enhancing BNB Chain’s user base and network activity, ultimately benefiting everyone involved.
The eligibility criteria are as follows:
- Market cap must exceed $5 million.
- Number of holders must be 10,000 or more.
- Average daily trading volume must exceed $1 million.
- Non-top 10 wallets can hold a maximum of 10% (excluding CEX wallets and known wallets of CZ).
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
