Last updated on September 4th, 2025 at 09:49 am
Quick Breakdown
- Dual listing: MCH launched today on Binance Alpha at 11:00 AM UTC, followed by Gate.io.
- Tokenomics: 1 billion total supply, with 5% set aside for TGE airdrops.
- Project vision: AI-powered DePIN protocol blending zkEVM, IoT mining, and real-world data.
MCH set for dual exchange listing
Moonchain’s native token, MCH, made its market debut today with listings on Binance Alpha and Gate.io, aligning with the project’s token generation event (TGE). Binance Alpha confirmed via X that it would be the first platform to launch trading for the token at 11:00 AM UTC on September 3, followed an hour later by its Gate.io listing.
Get ready! Binance Alpha will be the first platform to feature Moonchain (MCH) on September 3.
Eligible users can claim their airdrop using Binance Alpha Points on the Alpha Events page once trading opens. Further details will be announced soon.
Please stay tuned to Binance’s… pic.twitter.com/xASVfLslPo
— Binance (@binance) September 1, 2025
For clarity, Binance Alpha is a curated spotlight section within the main Binance exchange that showcases early-stage and trending projects. While it provides visibility, an Alpha listing does not equate to a full Binance listing. However, projects demonstrating strong liquidity, growth, and community support often advance to the main exchange.
Binance Alpha airdrop campaign
Alongside the listing, Binance rolled out an MCH token airdrop tied to its Alpha Points program. Users who earned Alpha Points through events and campaigns will be eligible, though Binance has yet to disclose the total amount of tokens set aside for distribution.
Moonchain’s TGE set the total token supply at 1 billion MCH, with allocations including 5% (50 million tokens) for airdrops, 9% for ecosystem growth, 10% for liquidity, 42% for ZK + AI mining, 8% for IHO mining and 20% for the Moonchain team. The remainder will be distributed among advisors and private sale investors.
From MXC to Moonchain
Moonchain traces its origins back to 2018, when it launched as Machine Xchange Coin (MXC), a blockchain for IoT. In May 2024, the project underwent a rebrand to Moonchain, signaling its expanded focus on AI, DePIN (Decentralized Physical Infrastructure Networks), and zkEVM compatibility.
The network introduces a novel Initial Hardware Offering (IHO) model, where users receive free devices such as wearables, sensors, and trackers, enabling them to earn tokens by providing real-world data.
In March, Binance launched Binance Alpha 2.0, a significant upgrade that seamlessly integrates the Alpha platform into the Binance Exchange. This update simplifies decentralized trading by enabling users to purchase Alpha tokens directly on-chain without transferring funds to external wallets.
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