The GoPlus Security (GPS) token has gained significant traction following Binance’s announcement that it will be the 11th project featured on its HODLer Airdrop page.Â
The token saw an immediate 11.07% price surge after Binance confirmed that eligible users who subscribed their BNB to Simple Earn or On-Chain Yields between February 19 and February 24, 2025, would receive a GPS airdrop.
Adding to the excitement, Binance revealed that it would officially list GPS for trading on March 4, 2025, at 13:00 UTC.
Once listed, GPS will be tradable against key pairs, including USDT, USDC, BNB, FDUSD, and TRY. This major announcement has fueled investor confidence, significantly boosting trading activity and market momentum for GPS.
Binance Listing and Airdrop Strategy Strengthen Market Excitement
Binance’s decision to list GPS is a pivotal moment for GoPlus Security, as it will bring greater liquidity and accessibility to the token.
Ahead of the listing, Binance has allowed users to deposit GPS in preparation for trading. The exchange has allocated 300 million GPS tokens—equivalent to 3% of the maximum supply—for the airdrop campaign, rewarding eligible users.
Additionally, 400 million GPS will be set aside for future marketing initiatives, with distributions starting six months after the listing.
With a total supply of 10 billion GPS and an initial circulating supply of 1.81 billion (18.1% of the total), the structured rollout of the token has caught the attention of both retail and institutional investors.
Binance’s involvement has further legitimized the project, fueling speculation about its long-term adoption.
GPS Token’s Market Cap Approaches $265 Million as Demand Rises
The market reaction to Binance’s announcement has been overwhelmingly positive. GPS is currently trading at $0.1453, reflecting an 11.07% increase in the past 24 hours.
Over the past week, the token has surged by 17.61%, showing strong investor interest. Trading volume in the last 24 hours has exceeded $34.6 million, reinforcing the demand for GPS ahead of its Binance debut.
With a circulating supply of 1.8 billion GPS, the project now boasts a market capitalization of approximately $264.4 million.
These figures suggest growing confidence in GPS as a security-focused token with long-term growth potential. Investors are closely monitoring how the listing will impact price stability and trading activity once Binance opens GPS trading.
Binance’s Influence on Market Trends and Future Outlook for GPS
Binance’s HODLer Airdrop program has consistently driven significant market activity for featured projects, and GPS appears to be following the same pattern.
The exchange recently announced MyShell (SHELL) as its 10th HODLer Airdrop project, which saw a 39.88% price surge ahead of its listing.Â
Similarly, Thena (THE) saw a 373% increase before its debut on Binance, followed by an additional 135% jump after its Binance Futures listing.Â
These trends indicate that GPS may see further upward movement leading up to its March 4 listing. Beyond the initial surge, the token’s long-term success will depend on its adoption, security solutions, and ecosystem developments.
As GPS integrates into the Binance trading environment, investor sentiment will be shaped by ongoing project updates and broader market conditions.
Also Read: Ethernity Chain ($ERN) Surges 31% Following Binance Support for ERN Token SwapTo Epic Chain