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BNB Chain Trading Competition Day 6: New Meme Coin "memes" Market Cap Surpasses 23 Million, Leading 24-Hour Trading Volume
【Blockchain Rhythm】Latest news: BNB Chain “USD1 Trading Competition” has entered its sixth day, and market enthusiasm remains high.
The newly launched Meme coin “memes” performed remarkably—rising sharply after opening, with a market cap reaching the $23 million mark, and the current price around $0.023. This guy not only ranks in the top three by market cap in the competition but also takes the top spot in 24-hour trading volume. The reason it was able to make such a quick appearance on the list is mainly because it deployed a USD1 liquidity pool, fully qualifying for the competition.
Let’s take a look at the current rankings: the top three Meme coins by market cap are EGL1, CDL, and “memes,” each with a market cap exceeding $20 million. This market is truly lively.
According to the competition rules, the top three projects will receive multiple incentives. The USD1 trading pairs participating mainly come from two categories: one is projects created on a DEX platform using USD1 as the base token, and the other is existing projects with active USD1 liquidity pools, with no restrictions on token creation time.
It is important to note that the Meme coin market carries significant risks. These tokens generally lack practical applications or value support, and their price movements mainly depend on market sentiment and hype, resulting in high volatility. Be sure to conduct thorough risk assessments before entering.