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The "USD1 Trading Competition" on BNB Chain has entered its fifth day. This 10-day contest is stirring up the entire Meme coin market.
The reason why this event is so popular is mainly because the community is spreading the word—winners have a chance to list on top-tier exchanges. Once this expectation was announced, the market couldn't sit still. A large number of new Meme coins with USD1 liquidity pools have been launched, and new projects like "An" and "BIG DON" have seen their market caps soar recently. Even some older projects like EGL1 and CDL are regaining market attention due to setting up USD1 liquidity pools.
As of now, the top-ranking tokens are as follows:
**EGL1**: Market cap approximately $29.7 million, price around $0.0297
**BIG DON**: Market cap approximately $29.5 million, price around $0.0295
**An**: Market cap approximately $27 million, price about $0.027
The rules for participating in this trading competition are not very strict—there's no restriction on token creation time, as long as the requirements are met. The main qualifying USD1 trading pairs include projects created with USD1 on Four meme or other meme projects with active USD1 liquidity pools. The top three can receive substantial incentives and support.
Currently, there are indeed many Meme coins with the same name in the market, but when it comes to liquidity, the focus is still on the specific contract details of projects like EGL1.