- BNB Chain meme coin prices and trading volumes have seen large increases, with multiple tokens inspired by Binance founder Changpeng “CZ” Zhao.
- The token “4,” based on a meme linked to Zhao, has reached a market capitalization of $243 million in under a week.
- Other meme tokens, such as Paul (PALU) and 客服小何 (“Binance Life” in Chinese), have gained more than 2,000% and 400% in the last day, collectively generating over $335 million in trading volume.
- More than 100,000 traders have invested in the latest wave of BNB meme coins, with about 70% of them currently reporting profits.
- This BNB meme coin surge has produced higher trading volumes than similar coins on the Solana network during the same period.
Meme coin trading on BNB Chain has surged, with prices and volumes for several tokens reaching new highs. Many of the top-performing tokens draw inspiration from Binance and its founder, Changpeng “CZ” Zhao. The upswing comes as the BNB token itself hits record levels, attracting traders seeking speculative gains.
The token named “4”—inspired by a meme featuring CZ holding up four fingers—achieved a market cap of $243 million and saw $79 million traded in the past 24 hours. Other tokens, including Paul (PALU) and 客服小何, increased by 2,246% and 415% respectively in one day, according to DEXScreener. Combined, these two tokens reached on-chain trading volumes above $335 million.
CZ commented on the rise in meme tokens, stating on X, “BNB meme szn! I didn’t expect this at all. And people keep asking me to predict the future… Keep building!” The meme behind “4” refers to one of Zhao’s resolutions focused on ignoring fake news and rumors, a message he often reinforced by posting “4” on social media platforms.
Data from analytics firm Bubblemaps indicated that more than 100,000 traders have purchased recent BNB Chain meme coins, with about 70% of them in profit and dozens holding gains of at least $1 million each.
Earlier in the year, another meme coin, BROCCOLI, based on the name of CZ’s dog, saw its own price boom and subsequent drop. After falling over 80% from its peak, BROCCOLI is now regaining popularity with a 43% rise in the last 24 hours, lifting its value to $48 million.
BNB Chain meme coin trading volumes now surpass those on Solana, a network known for meme coins. The leading Solana meme coin, TRUMP, reached nearly $50 million in daily volume, well below the total daily volume seen on BNB Chain.
Despite the ongoing popularity of meme coins, CZ previously described them as “a little weird” and encouraged the community to focus on building practical blockchain applications instead.
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