Due to the impact of the dynamic airdrop conversion mechanism, RIVER has risen 100% in 24 hours, reaching a new all-time high

ChainCatcher news, the RIVER token has achieved a 100% increase in 24 hours, reaching a historic high of $9. This surge may be closely related to its innovative mechanism "Dynamic Airdrop Conversion" launched after its listing on Binance Futures.

The project pioneers the incorporation of the "time" variable into the token economic model. Its ecological points River Pts and RIVER tokens are both tradable ERC20 assets. Users can exchange River Pts for RIVER tokens at any time within 180 days after the token generation, with the exchange rate gradually increasing over time. This design alleviates the selling pressure from airdrops in the early stages while providing additional rewards for long-term holders.

Data shows that since the RIVER listing on Binance Alpha, the ecological points River Pts have increased 25 times within 30 days, and its market performance has even surpassed the direct exchange value of RIVER tokens, indicating optimistic market expectations for its future price; at the same time, the arbitrage opportunities present in the dynamic airdrop conversion mechanism have attracted the attention of traders, with some community members referring to it as the AMM moment of Tokenomics.