Solana's meme season is gradually shifting from a narrative monopoly to a three-way standoff. After the wealth-creation effect of Pumpfun weakened, the meme season led by CZ's BNB Chain and the one led by the token bot BankrBot's Base Chain have gradually risen in recent times.
Arab Tycoons Kick Off the BNB Chain Meme Season
Among them, the wealth-creation effect of the BNB Chain is particularly evident. This BNB Chain meme season was unsurprisingly led by Binance founder CZ, and it all started with the meme coin Mubarak that rose to prominence on March 13.
We know that Binance recently completed a $2 billion investment from the Arab sovereign wealth fund MGX, which had sparked market discussion. After that, Binance's official editor made an Arab tycoon SpongeBob meme, which CZ retweeted with the caption "mubarak". (Mubarak in Arabic means "blessed" or "congratulations")
In the on-chain meme market, there is a common saying "the most barren market produces the most valuable dogs". At that time, the market background was dull and boring, and the blockchains that produced the most on-chain memes, such as Solana, Base, and Bnbchain, did not have popular narratives. So when CZ shouted "Mubarak", the market was suddenly focused on the $mubarak meme coin.
Interestingly, the $mubarak price chart did not go straight up, but rather stepped up gradually, which is different from the usual "market cap speedrun" (rapid price increase) on-chain memes, meaning that retail investors had time to consider buying in.
According to Dexscreener data, Mubarak's current market cap has risen to $125 million.
CZ Tweets Dominate Market Direction
After Mubarak attracted market attention, CZ also increased his social media output, posting more tweets with single Arabic words like "Mashallah" and "Inshallah". He also interacted with the developer of the BNB Chain AI Agent project $TUT on 3/15, and retweeted a user's "Look in my eyes" tweet on March 16.
This series of operations has led a large number of users to actively search for the next market hotspot on the BNB Chain. Furthermore, CZ's previously released BSC donation address also bought 1 BNB of $TST and $Mubarak yesterday, further fueling the BNB Chain meme narrative hype.
Moreover, perhaps to prevent the market from cooling down, CZ tweeted last night that he was considering changing the profile picture of his X personal account, once again whetting the market's appetite.
Chain.fm Monitors Smart Money in the Market
As the meme season shows signs of reigniting, meme coin monitoring tools have become an essential weapon for users hunting for on-chain memes. Recently, the smart money monitoring tool Chain.fm has gradually become known to the public, and some users who have used it believe that it will disrupt the current market's meme mining mode.
So what makes Chain.fm unique compared to the market's commonly used tools like Dexscreener, Gmgn.AI, and Ave.ai?
In fact, for on-chain meme monitoring, the author's understanding may be the same as most users, focusing on Dexscreener and Gmgn.AI. Gmgn.AI provides more diverse functions, including displaying the buying, selling, and profitability of smart money, KOLs, and bot addresses, as well as marking rat holes, sniper addresses, Dev Buy/Sell, and the ability to track addresses.
However, Chain.fm does not have as many features as Gmgn, but rather focuses on the "address tracking" aspect.
Chain.fm Feature Introduction
Next, I will introduce Chain.fm's main features, including "Channels" and "Tracking Page".
Channels
The "Channels" feature aggregates the smart money addresses that various communities are searching for, allowing users to subscribe and track them. The detailed steps are:
- 1. Click on Explore to go to Channels
- 2. Users can select the "blockchain" they want to monitor (currently Solana, BNB Chain, and Base Chain)
- 3. Click on any "channel" to enter (the top has "Trending" and "Newly" indicating the channel is currently trending or newly established)
- 4. Users can see the number of wallets the "channel" is currently monitoring (the example is 100), and the channel description is below
- 5. In the middle column, users can independently select the addresses and transaction conditions they want to monitor
- 6. The latest status of the monitored addresses in that channel is at the bottom
- 7. If users like the monitoring content of this channel, they can click the "Follow" button in the top right (it will then change to
)
Tracking Page
On the personal tracking page, users can see the various "channels and addresses" they are tracking. The detailed steps are as follows:
- Users can choose the chains they want to observe, or they can choose all three chains.
- Then, users can select the date they want to observe, individual channels, individual addresses, and other specific options related to token activities.
- Below, the real-time token purchase dynamics of the tracked addresses will be displayed, and users can also click on the top right to receive real-time token purchase notifications.
Additionally, by hovering the mouse over the activities of individual tracked addresses, users can view the token trends and the purchase Tx from the market monitoring tool behind.
Conclusion
Although in terms of functional diversity, the functions of Chain.fm are relatively lacking compared to monitoring tools like Gmgm.ai, its "address tracking" function is quite powerful.
Some may know that Gmgn also has an address tracking function, but this requires users to have an understanding of "smart money addresses." Therefore, Chain.fm is more user-friendly for users who are not accustomed to monitoring smart money.
Because of Chain.fm's comprehensive tracking function, the author can combine it with other monitoring tools to execute personal trading operations smoothly. Therefore, the author will include it in the list of useful monitoring tools.
BlockTempo reminds that the crypto market narrative changes rapidly, liquidity is also affected by the overall economic environment, and meme coins have no actual value in the market, with huge price fluctuations. Users must be cautious when participating.
