On January 21st, according to GMGN monitoring , the newly listed Meme coin "memes" saw a significant price increase after opening. The token has been deployed in a USD1 liquidity pool, meeting the entry requirements for the BNB Chain "USD1 Trading Competition." Currently, its market capitalization has reached $23 million, with a current price of approximately $0.023, placing it among the top three in the competition's market capitalization rankings and topping the 24-hour trading volume list.
According to monitoring, the 10-day "USD1 Trading Competition" of BNB Chain has entered its sixth day. According to the latest rankings, the top three Meme coins in terms of market capitalization are EGL1, CDL and "memes", all of which have a market capitalization of over 20 million US dollars.
It is understood that the top three winners of this trading competition will receive multiple incentives. There are no restrictions on the token creation time for participation. Eligible USD1 trading pairs mainly include: projects created on the Four meme using USD1 as the base token, or other Four meme projects with active USD1 liquidity pools.
BlockBeats reminds users that Meme coin trading is highly volatile, relying heavily on market sentiment and hype, and has no real value or use cases. Investors should be aware of the risks.
