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Reading: BNB Picks 5 Altcoins for Liquidity Boost: $2.3M Allocated in First Round
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Deythere > News > Crypto > BNB Picks 5 Altcoins for Liquidity Boost: $2.3M Allocated in First Round
CryptoMarketNews

BNB Picks 5 Altcoins for Liquidity Boost: $2.3M Allocated in First Round

image 2 Nis 2025 17 10 36
Alessia Moretti
Last updated: April 2, 2025 2:12 pm
By
Alessia Moretti
Published April 2, 2025
2 Min Read
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BNB Chain has officially announced the first wave of recipients under its $100 million liquidity incentive program. Designed to strengthen the ecosystem and support new, promising tokens, the campaign’s initial stage will allocate $2.3 million in liquidity incentives across five selected projects.

Contents
Meet the First Five Projects Securing BNB SupportBNB Chain: “This Is Just the Beginning”

This strategic initiative was launched on March 24 following concerns about token quality on rival networks like Solana. Rather than letting market sentiment degrade, BNB Chain is doubling down on quality by hand-picking emerging projects to energize its community.

Meet the First Five Projects Securing BNB Support

The five altcoins chosen to receive early support include:

  • KiloEX (KILO) – $290,000

  • MUBARAK – $460,000

  • CZ’S Dog (BROCCOLI714) – $390,000

  • Tutorial (TUT) – $650,000

  • Banana For Scale (BANANAS31) – $510,000

Among them, BANANAS31 received the highest share at $510,000, reflecting growing enthusiasm around its ecosystem potential. Although KILO is listed on several exchanges, it received a relatively smaller grant due to its limited presence on top-tier platforms.

According to Dey There, the rewards are expected to be distributed within the week, and BNB Chain has confirmed that more waves of support will follow. Projects that did not make the first cut are still encouraged to participate in upcoming rounds.

image 2 Nis 2025 17 10 36

BNB Chain: “This Is Just the Beginning”

In an official post, BNB Chain emphasized that these grants are only the beginning. The full $100 million liquidity fund remains open to additional projects that meet the network’s standards. Importantly, previously selected projects can continue to earn rewards through further exchange listings and community growth.

“Don’t worry if you weren’t selected this time—we’re still looking. We hope to see your project in the next round,” the BNB announcement concluded.

The move underscores BNB’s commitment to fostering a sustainable and vibrant DeFi ecosystem, especially in contrast to the over-saturation of low-quality tokens on competing chains.

Sources:

  • BNB Chain Official Twitter

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TAGGED:altcoinBANANAS31BNBcrypto fundingliquidity

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ByAlessia Moretti
Alessia Moretti is a blockchain and cryptocurrency analyst with 7 years of experience in the field. With a strong foundation in economics and a passion for technology, Alessia has been involved in a variety of international blockchain projects, focusing on the development of decentralized applications and financial products. Her work is characterized by a deep understanding of both the technical and economic aspects of blockchain technology. At DT NEWS, Alessia provides readers with in-depth analysis of global blockchain trends and market movements, helping them stay informed about the future of digital finance.
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