The cryptocurrency trading aggregator Birdeye has addressed rumors of a possible airdrop and introduced a new feature that allows users to modify the data pool.
Birdeye revealed a ” Terminal ” tool in an X post on January 27. The tool allows users to customize their data pool for a more customized trading experience. Birdeye also stated that there are currently no plans for an airdrop.
According to the Birdeye team, users can personalize notifications about trading events, market movements, token performance, and technical indicators using the Terminal function.
Birdeye has chosen not to introduce its tokens, following in the footsteps of other data aggregators like CoinMarketCap and CoinGecko, which have also taken a cautious approach to token issuance.
Still, some platforms—like Arkham Intelligence—have opted to employ token launches to encourage user involvement. For example, Arkham debuted its ARKM coin, which rewards users for providing insightful intelligence.
Birdeye’s announcement of an airdrop fits in with a larger frenzy in the cryptocurrency world, where several token distributions have generated a lot of interest in recent weeks.
For instance, beginning on January 31, customers of the Jupiter decentralized exchange, which runs on the Solana network, will receive 200 JUP tokens.
Furthermore, attention has been drawn to Solana’s WEN meme coin, which has seen an astounding 4,000% increase in value since its inception on January 26. Within 12 hours of its release, the token’s market valuation surpassed $50 million.
