Binance Announces TGE for Rice AI, Requiring Alpha Points
The post Binance Announces TGE for Rice AI, Requiring Alpha Points appeared on BitcoinEthereumNews.com.
Key Points: Binance hosts Rice AI (TGE) using Binance Alpha points on PancakeSwap. Event includes deduction of 15 points for participation. Allocates 40 million RICE for future activities. Binance will host the 34th Token Generation Event for Rice AI on August 18, 2025, through PancakeSwap, requiring eligible participants to hold 230 or more Binance Alpha points. This event highlights Binance’s continued role in facilitating new token launches, impacting liquidity and trading volumes on PancakeSwap and the broader BNB Chain ecosystem. Binance Launches Rice AI TGE Amid Strategic Expansion Users holding at least 230 Binance Alpha points can engage in the event, affording Binance an avenue to highlight emerging cryptocurrencies. With 15 points deducted upon participation, eligible participants can join via the PancakeSwap platform. The announcement reflects Binance’s latest push to support new tokens through structured distribution methods. Market reactions remain reserved with no notable statements from key industry figures. Community sentiment or major governmental responses have yet to surface, leaving a tight lid on discussions regarding the TGE’s potential effects. Historical Insights: RICE Valuation and Market Influence Did you know? Binance’s previous TGEs increased PancakeSwap’s liquidity, exemplifying short-term boosts in trading volume coinciding with token launches. According to CoinMarketCap, RICE currently trades at $0.20, with a 24-hour volume of $20,851.40, experiencing a 5.34% increase in the past 24 hours. The asset has shown a 148.15% rise over 90 days, indicating significant volatility despite a $0 market cap. DAOSquare(RICE), daily chart, screenshot on CoinMarketCap at 07:04 UTC on August 18, 2025. Source: CoinMarketCap The Coincu research team notes that Binance’s structured release strategies in prior events often generated increased interest in newly launched tokens like RICE. Industry trends suggest these TGEs could lead to short-lived trading peaks before stabilizing post-distribution. DISCLAIMER: The information on this website is provided as general market commentary…
Filed under: News - @ August 18, 2025 7:30 am