Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Binance Smart Chain + Ecosystem => Topic started by: DegenLifestyle on February 10, 2025, 12:50:27 PM
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It's a new week, and meme traders had a lot of fun over the weekend. TSTBSC went haywire, with CZ even mentioning the token—ahah! This has sent the crypto meme space into a frenzy, sparking speculation about whether meme dominance has shifted from Solana to BSC.
There have been a series of launches on the BNB Chain recently, but in my opinion, first movers like TSTBSC always take the lead. We've already seen the token listed on multiple exchanges. Did you catch this early mover? What do you think about this BSC trend?
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I am actually wondering why BNB failed to fully capitalize on the memecoin boom...am sure there is a big [potential in here that should have been exploited long tome ago and I am glad that there is now a trend for BNB that hopefully will keep on growing so this platform can compete well in this memecoin sector. With Binance already showing a lot of interest with some memecoins, there is no reason why BNB should not be the preferred platform for launching break-out memecoins. However, I know that SOL and even TON will not give up this space that quite easily...and this is good for the market as we have healthy and robust competition in site. And NO, I am not into TSTBSC even if it is mentioned by no other than the influential CZ. So good luck to all fans of memecoins in the BNB side...may you get the financial freedom we are all longing for.
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to think that CZ did not even mean to shill the token, but just one tweet talks about the test token it pumped. That's what true influence looks like but I feel we still have other tokens like storyprotocol, making quite the noise with most testnet participants waiting patiently for it's launch also spotted an ongoing community campaign to earn more IP ongoing on bitget, I wonder what token will gain the next surge
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I don't think that is the same features in BSC in Solana and there are many competitors in terms of low fees such as TON.
So if the Memcoins moved to a new blockchain, BSC is not the only option.
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The meme season for BSC really happened and made many people start to get interested in the BSC network again.
some time ago CZ Dog with the name Broccoli became a much-searched ticker and became a meme that reached a Marketcap of up to $200M in an instant, this made the BSC memecoin trend come alive again and also the price of BNB went up again.
https://dexscreener.com/bsc/0xa5067360b13fc7a2685dc82dcd1bf2b4b8d7868b
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Due popularity of Solana meme coins, I think have been over with Binance smart chain meme coins and we are enjoying how many meme coins with BSC network easily reach until x10 or x100 last several years ago. I don't think have second chance to see meme coins season again at BSC network because Solana network keep dominance until right now and many investor keep believing the meme project than listing with BSC.
For bigger profit opportunity earn by trading at meme coins I think still dominance by Solana, easily deploy meme coins with binance smart chain network I think problem why difficult too see agains meme season on BSC.
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BSC once boomed with its meme coins but this season is indeed the season of the Solana network. So many have left Meme coins that use the BSC network, or more precisely, many developers are focused on creating meme coins on the Solana network. That's why one of the reasons Solana's market cap has also increased rapidly, because of the high meme coins there.
While BSC, hmm, they say they have to try to optimize again and do some strategies to achieve their glory again, and make developers return to using the network to create meme coins, but whether that will happen this season or not, because it seems like it will be quite difficult to make BSC return to the past while now the era is quite different.
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There have been a series of launches on the BNB Chain recently, but in my opinion, first movers like TSTBSC always take the lead. We've already seen the token listed on multiple exchanges. Did you catch this early mover? What do you think about this BSC trend?
I took her checked at CoinmarketCap and found a coin like this:
https://coinmarketcap.com/dexscan/bsc/0x04ee903847c94fc01196680503d8a10f07670f97/
What do you mean the coin of the TSTBSC coin from CoinmarketCap is true?
If true, I doubt the authenticity because you made this topic on February 10 while the TSTBTC coin was a listing on February 14.
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Look at the volume on BSC $6,853b :o
(https://i.ibb.co/VY4wTd8F/bsc.png) (https://ibb.co/JjJ3HNPY)
Source: https://defillama.com/chains
Until a few days ago I was wondering how BSC had been somewhat “forgotten” by the majority of users who are farming airdrops, using memecoins or doing restake
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I'm kinda immune to stuff pumping because of a tweet so I believe this will just go away like other past trends. If you fail to enter early the chance you get screwed by people dumping their bags is high, just like what happened in other chains. To be fair that's just how it is for crypto, especially meme coins. I'd advise people to be cautious and avoid fomo if jumping into memes isn't on their list. There will be more opportunity if the market stays sideways or just DCA more into Bitcoin if you don't have the capital to participate in a high-risk high-reward trades. CMIIW.
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I'm kinda immune to stuff pumping because of a tweet so I believe this will just go away like other past trends. If you fail to enter early the chance you get screwed by people dumping their bags is high, just like what happened in other chains.
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Your advice is the same advice as my friend in the community who has long joined cryptocurrency. He said never enter trading in Meme coins because this Meme coin has no benefits, even if the profit is just your luck but tomorrow or the day after tomorrow you will experience a lot of losses from your current profit.
He also said that the BSC Meme Coin is the same as the Ethereum, Solana or other Meme coins because this Meme coin was created for Fun only. The conclusion of my friend's advice is never to invest in Meme coins because this Meme coin is 99.9% risk and 0.1 is luck.
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...some time ago CZ Dog with the name Broccoli became a much-searched ticker and became a meme that reached a Marketcap of up to $200M in an instant, this made the BSC memecoin trend come alive again and also the price of BNB went up again.
Welcome to the world of the dog named Broccoli. The amazing thing that happened on Broccoli really magnified what a memecoin can be...just a mere mention by a famous personality on it immediately sent it to the moon. Such is the power of community with its eccentric choice of an asset to push to the top. Though am not seeing a rationale with this move, am still perplexed why people prefer something like this regardless of what Broccoli can really offer to the industry. Now, am wondering what can be the next one...will it be a worm or maybe a bird mentioned by a celebrity?
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Look at the volume on BSC $6,853b :o
Until a few days ago I was wondering how BSC had been somewhat “forgotten” by the majority of users who are farming airdrops, using memecoins or doing restake
This volume is based on TVL or Total value locked (TVL), so if a million tokens are locked in the blockchain and the tokens are successfully traded and sold at $1000 per token, this means that the trading volume in the particular blockchain will increase to billions, in short it doesn't mean much. Let's not forget that the popularity of memecoins is heading towards Solana.
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It's more like desperation trying to find a new trend while everything on SOL collapses.
https://cointelegraph.com/news/libra-solana-meltdown-meteora-jupiter
Meme coins will not move to BSC nor will the hype continue, the SEc is finally taking action and everyone over at SOL is in full panic mode, do you think that fresh out of jail CZ will allow such a thing on BNB? then you're daydreaming.
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Look at the volume on BSC $6,853b :o
Until a few days ago I was wondering how BSC had been somewhat “forgotten” by the majority of users who are farming airdrops, using memecoins or doing restake
Bnb remains a large ecosystem thanks to the success of Binance CEX; their decision to support memecoins really surprised many investors. Previously, Binance only wanted to support projects that really brought some value to the community, but now, in order to gain market share and revenue, they are willing to support memecoins and cause many meaningless tokens to continuously appear in this ecosystem.
Bnb is starting to receive the effects of memecoins through trading volume, but I think this is not sustainable. I hope CZ really has some clever plan to surprise us with the success of Binance CEX in this uptrend!
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Look at the volume on BSC $6,853b :o
Until a few days ago I was wondering how BSC had been somewhat “forgotten” by the majority of users who are farming airdrops, using memecoins or doing restake
Bnb remains a large ecosystem thanks to the success of Binance CEX; their decision to support memecoins really surprised many investors. Previously, Binance only wanted to support projects that really brought some value to the community, but now, in order to gain market share and revenue, they are willing to support memecoins and cause many meaningless tokens to continuously appear in this ecosystem.
Bnb is starting to receive the effects of memecoins through trading volume, but I think this is not sustainable. I hope CZ really has some clever plan to surprise us with the success of Binance CEX in this uptrend!
I don't particularly like memecoins
Although it's a gateway for many users, it often loses money to users who have pump and dump groups and bots ready to beat ordinary users
In the long term, I think it's harmful for some networks to focus too much on memecoins because they're not focusing on projects that can solve real problems and have longevity
And many memecoin suckers just want to make money and take it off the market
Binance seems to have lost its way a little before CZ's arrest
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It's a new week, and meme traders had a lot of fun over the weekend. TSTBSC went haywire, with CZ even mentioning the token—ahah! This has sent the crypto meme space into a frenzy, sparking speculation about whether meme dominance has shifted from Solana to BSC.
There have been a series of launches on the BNB Chain recently, but in my opinion, first movers like TSTBSC always take the lead. We've already seen the token listed on multiple exchanges. Did you catch this early mover? What do you think about this BSC trend?
I am not surprised by Bnb chain focus on supporting memecoins, as Solana & Tron have been very successful with memecoins recently. I am only disappointed that Bnb chain has not been able to succeed in many recent experiments: including Inscription, DeFi, Layer-2.
The Bnb chain ecosystem is many times more vibrant and diverse than Solana, but it is not vibrant enough to continue to drive the price increase of the BNB token after the new ATH. The crypto market is in a crazy phase where the true values of blockchain & crypto are ignored and investors are swept away by the useless fun of millions of memecoins flooding the market.
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In the long term, I think it's harmful for some networks to focus too much on memecoins because they're not focusing on projects that can solve real problems and have longevity
And many memecoin suckers just want to make money and take it off the market
Binance seems to have lost its way a little before CZ's arrest
Yes, that's right, even when we see Binance has a good exchange it makes the use case of BNB quite interesting... even though BSC is losing out to SOL and TON, CZ shouldn't have to make that tweet just to attract memecoin users from other blockchains, to enter the BSC network.... CZ's choice is to kill this memecoin industry and create a new industry that can be won by BSC... that might be a consideration...
The nature of the BSC network which is still centralized makes many people keep their distance from BSC.. even though the transaction fee is cheap, the current decentralization trend is quite a main reference for the memecoin community as a minimum standard...
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Ronaldinho launched a memecoin on BSC ;D
(https://i.ibb.co/QFWHqdbM/r10.png) (https://ibb.co/1fCXp6vT)
Source: https://x.com/10Ronaldinho/status/1896323945697018323
I even posted an answer saying: please don't buy this, and don't complain after a huge dump :P :P :P
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It's a new week, and meme traders had a lot of fun over the weekend. TSTBSC went haywire, with CZ even mentioning the token—ahah! This has sent the crypto meme space into a frenzy, sparking speculation about whether meme dominance has shifted from Solana to BSC.
There have been a series of launches on the BNB Chain recently, but in my opinion, first movers like TSTBSC always take the lead. We've already seen the token listed on multiple exchanges. Did you catch this early mover? What do you think about this BSC trend?
I think BnB has been slow to embrace and support memecoins. Sol has gained user trust, they tend to invest in the Sol ecosystem instead of coming to the BnB chain.
BNB price has also not had an impressive price increase, meaning memecoins have not been able to boost the BNB price as they did with the SOL price. Memecoins trading volume is decreasing, cash flow will soon flow to other more potential trends in the market.
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It's a new week, and meme traders had a lot of fun over the weekend. TSTBSC went haywire, with CZ even mentioning the token—ahah! This has sent the crypto meme space into a frenzy, sparking speculation about whether meme dominance has shifted from Solana to BSC.
There have been a series of launches on the BNB Chain recently, but in my opinion, first movers like TSTBSC always take the lead. We've already seen the token listed on multiple exchanges. Did you catch this early mover? What do you think about this BSC trend?
I think BnB has been slow to embrace and support memecoins. Sol has gained user trust, they tend to invest in the Sol ecosystem instead of coming to the BnB chain.
BNB price has also not had an impressive price increase, meaning memecoins have not been able to boost the BNB price as they did with the SOL price. Memecoins trading volume is decreasing, cash flow will soon flow to other more potential trends in the market.
Solana has shown good progress, but from what I read it seems like meme coins are returning to BSC, maybe not all of them.
These two networks are quite good in their competition. And we should have both of these coins in our wallet.
In investing, diversification needs to be done, especially if you see two coins as these networks compete, we can buy both
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It's a new week, and meme traders had a lot of fun over the weekend. TSTBSC went haywire, with CZ even mentioning the token—ahah! This has sent the crypto meme space into a frenzy, sparking speculation about whether meme dominance has shifted from Solana to BSC.
There have been a series of launches on the BNB Chain recently, but in my opinion, first movers like TSTBSC always take the lead. We've already seen the token listed on multiple exchanges. Did you catch this early mover? What do you think about this BSC trend?
I think BnB has been slow to embrace and support memecoins. Sol has gained user trust, they tend to invest in the Sol ecosystem instead of coming to the BnB chain.
BNB price has also not had an impressive price increase, meaning memecoins have not been able to boost the BNB price as they did with the SOL price. Memecoins trading volume is decreasing, cash flow will soon flow to other more potential trends in the market.
Solana has shown good progress, but from what I read it seems like meme coins are returning to BSC, maybe not all of them.
These two networks are quite good in their competition. And we should have both of these coins in our wallet.
In investing, diversification needs to be done, especially if you see two coins as these networks compete, we can buy both
We can observe how each of the networks has its fans, and it is evident that Solana expands with new features. BSC on the other hand, still stands as a stable ecosystem which is even getting more robust given that there is a creation of new coins which are being constantly launched in the ecosystem. Deciding to own both assets from the two networks is a move that affords more leeway in facing a variety of situations in the market. It is impossible to predict the future movements of such assets but possession of more than one asset still offers the prospect of improvement. Each network begins to fit in current occurrences, but as far as there is still invention, the assets that we own will remain beneficial to be managed in the rightful manner.
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It's a new week, and meme traders had a lot of fun over the weekend. TSTBSC went haywire, with CZ even mentioning the token—ahah! This has sent the crypto meme space into a frenzy, sparking speculation about whether meme dominance has shifted from Solana to BSC.
There have been a series of launches on the BNB Chain recently, but in my opinion, first movers like TSTBSC always take the lead. We've already seen the token listed on multiple exchanges. Did you catch this early mover? What do you think about this BSC trend?
I think BnB has been slow to embrace and support memecoins. Sol has gained user trust, they tend to invest in the Sol ecosystem instead of coming to the BnB chain.
BNB price has also not had an impressive price increase, meaning memecoins have not been able to boost the BNB price as they did with the SOL price. Memecoins trading volume is decreasing, cash flow will soon flow to other more potential trends in the market.
Solana has shown good progress, but from what I read it seems like meme coins are returning to BSC, maybe not all of them.
These two networks are quite good in their competition. And we should have both of these coins in our wallet.
In investing, diversification needs to be done, especially if you see two coins as these networks compete, we can buy both
I don't know what Binance is looking for by starting to echo to attract many meme coin participants to join their network even though there are many networks that already exist first, and the results are not good at all, but they are confident to do that, whether with the aim of taking some of the meme coins that are displayed can take some that they might be able to absorb, there is always a possibility because meme coins are indeed expanding their improvements and hopefully Binance is not wrong in doing that.
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I think BnB has been slow to embrace and support memecoins. Sol has gained user trust, they tend to invest in the Sol ecosystem instead of coming to the BnB chain.
BNB is realizing the importance and significance of memecoins to its business while the trend is already at the tailspin as of this time. Maybe there can be another bullish season coming but for now all sectors of the cryptocurrency industry are all feeling the bland taste spewed by recent downward movements. Now, there is a big possibility that maybe BNB people are just preparing their platform for the second coming of memecoins which can happen anytime soon. But the question remains: can BNB really compete with Solana to snatch a good chunk of the memecoin pie? I have some doubts on that but still am wishing BNB all the luck it must be needing this time.
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If I want to say something from my personal point of view in this case, then I will say one thing, memecoin is always based on hype.
And in each season we see hype on different things, for example, this time the hype of memecoin is almost completely based on Solana network. And in this case, I will say that this time the possibility of Memecoin's season being on BSC network is very low. Even bull season comes back again.
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If I want to say something from my personal point of view in this case, then I will say one thing, memecoin is always based on hype.
And in each season we see hype on different things, for example, this time the hype of memecoin is almost completely based on Solana network. And in this case, I will say that this time the possibility of Memecoin's season being on BSC network is very low. Even bull season comes back again.
You have said it all but to sum it up, it's not just meme coins that are based on hype, the entire ecosystem of Altcoins are build on hype and later forgotten continuesly, the trend continues like with different series of new coins otherwise tells me, why would people be saying this and that's just for token to listed and everyone will sell and loves to the next.
There is no altcoin, I repeat there is no altcoin that has successfully done what they promised on their white paper, the ideas and things promised are been forgetting later without nothing to show for that they are working.
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You have said it all but to sum it up, it's not just meme coins that are based on hype, the entire ecosystem of Altcoins are build on hype and later forgotten continuesly, the trend continues like with different series of new coins otherwise tells me, why would people be saying this and that's just for token to listed and everyone will sell and loves to the next.
If we view from this aspect we have to also say that even bitcoin is also on hype because in the past United State of American election and after the winning of Donald Trump how does the bitcoin marketcap manipulate by the news and also by the whale.
So I think even though most of the projects in the crypto industry are hype based, those projects that have uniqueness and innovative capabilities can survive here. Which we mostly don't see in the case of meme coins..
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If I want to say something from my personal point of view in this case, then I will say one thing, memecoin is always based on hype.
And in each season we see hype on different things, for example, this time the hype of memecoin is almost completely based on Solana network. And in this case, I will say that this time the possibility of Memecoin's season being on BSC network is very low. Even bull season comes back again.
Overall, speculative traders' interest in meme tokens has significantly declined since last December. This is evidenced by the meme index chart (https://www.theblock.co/data/crypto-markets/crypto-indices/price-performance-gmci).
As for BSC, it's worth noting that there has recently been hype around memes in this network. By the way, because of this, the daily volume of DEXs in the BSC network is more than $2 billion, which is more than that of Solana and Ethereum.
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Overall, speculative traders' interest in meme tokens has significantly declined since last December. This is evidenced by the meme index chart (https://www.theblock.co/data/crypto-markets/crypto-indices/price-performance-gmci).
As for BSC, it's worth noting that there has recently been hype around memes in this network. By the way, because of this, the daily volume of DEXs in the BSC network is more than $2 billion, which is more than that of Solana and Ethereum.
I just explore little bit after seeing your post which is that BSC network have more than trading volume that Solana and Ethereum but I it is still uncleared to me because I didn't found the exactly the proof of that....
Moreover, in late 2024, Solana's volume in DEX trading was over 50 billion and Ethereum's was over 40 billion. And what I think still above of at least the 2billion.
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I just explore little bit after seeing your post which is that BSC network have more than trading volume that Solana and Ethereum but I it is still uncleared to me because I didn't found the exactly the proof of that....
Moreover, in late 2024, Solana's volume in DEX trading was over 50 billion and Ethereum's was over 40 billion. And what I think still above of at least the 2billion.
I was talking about the daily trading volumes on the DEXs in recent days.
If you look at the stats on the defillama site (https://defillama.com/dexs/chains/bsc), you will notice that now the daily trading volume of BSC is $2,11 billion, Ethereum is $1,36 billion, and Solana is $1,42 billion. At the same time, during the week, the trading volume of BSC increased by 57%, while ETH and Solana decreased by 44% and 36%, respectively.
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I was talking about the daily trading volumes on the DEXs in recent days.
If you look at the stats on the defillama site (https://defillama.com/dexs/chains/bsc), you will notice that now the daily trading volume of BSC is $2,11 billion, Ethereum is $1,36 billion, and Solana is $1,42 billion. At the same time, during the week, the trading volume of BSC increased by 57%, while ETH and Solana decreased by 44% and 36%, respectively.
That was interesting!!
Thank for mentioning the website link. I also noticed that BSC network has been extremely successful in dex volume performance recently. However, if we calculate the last 30 days, Ethereum and Solana are still ahead in terms of trading volume.
I still don't know the secret behind the recently upflow on dex trading volume in BSC network, but the main question is, can they actually maintain this performance for a long time?
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That was interesting!!
Thank for mentioning the website link. I also noticed that BSC network has been extremely successful in dex volume performance recently. However, if we calculate the last 30 days, Ethereum and Solana are still ahead in terms of trading volume.
I still don't know the secret behind the recently upflow on dex trading volume in BSC network, but the main question is, can they actually maintain this performance for a long time?
Back then, there was a time when trend use to move from ethereum to Binance and then Solana but now, things has change completely. If you want to see the real craze of meme coins, they all sat in Solana, pump fun is helping them keep that trend forever and now BSC don't get support again because even the mini project don't get Binance attention again.
Then, anyone can build something unique on BSC chain and Binance will support them with liquidity and also invest on them but now Binance Labs now name YZI labs has focus on other chains, they don't only focus on their network but it's now all the projects they have interest into and this has given less attention to BSC chain. I can't remember the last time a unique project was launch on BSC.
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Back then, there was a time when trend use to move from ethereum to Binance and then Solana but now, things has change completely. If you want to see the real craze of meme coins, they all sat in Solana, pump fun is helping them keep that trend forever and now BSC don't get support again because even the mini project don't get Binance attention again.
Then, anyone can build something unique on BSC chain and Binance will support them with liquidity and also invest on them but now Binance Labs now name YZI labs has focus on other chains, they don't only focus on their network but it's now all the projects they have interest into and this has given less attention to BSC chain. I can't remember the last time a unique project was launch on BSC.
I will also agree with you, and also say that the craze that was there before in the BSC network has now completely shifted to the Solana network. And naturally, no new and unique and good potential projects have emerged on the BSC network.
However, based on the link provided by someone above, I went to the website and saw that BSC has made good progress in dex trading volume in recent weeks. Which Solana and Ethereum have left behind. This is really interesting to me and I am interested in learning more about this.
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That was interesting!!
Thank for mentioning the website link. I also noticed that BSC network has been extremely successful in dex volume performance recently. However, if we calculate the last 30 days, Ethereum and Solana are still ahead in terms of trading volume.
I still don't know the secret behind the recently upflow on dex trading volume in BSC network, but the main question is, can they actually maintain this performance for a long time?
The increase in trading volume on BSC began this month, so it isn't surprising that Solana and Ethereum trading volumes are still higher over the 30-day period.
And it's worth noting that there's no secret. This is a consequence of the hype around meme coins, which CZ indirectly supports and promotes on his X account.
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The increase in trading volume on BSC began this month, so it isn't surprising that Solana and Ethereum trading volumes are still higher over the 30-day period.
And it's worth noting that there's no secret. This is a consequence of the hype around meme coins, which CZ indirectly supports and promotes on his X account.
I also said that if this recent growth on the dex trading volume is short-lived, the BNB network could be in a worse situation.
Today we see that the BNB network has improved even more, now it remains to be seen how long it will live.
If we really only see the reason as indirectly supporting and promoting CZ's memecoin projects, then I don't think it will be able to live for very long and will return to its previous state very soon. So I don't think it would be wise to get involved in any activity given this recent performance. I'll just observe for now.
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That was interesting!!
Thank for mentioning the website link. I also noticed that BSC network has been extremely successful in dex volume performance recently. However, if we calculate the last 30 days, Ethereum and Solana are still ahead in terms of trading volume.
I still don't know the secret behind the recently upflow on dex trading volume in BSC network, but the main question is, can they actually maintain this performance for a long time?
The increase in trading volume on BSC began this month, so it isn't surprising that Solana and Ethereum trading volumes are still higher over the 30-day period.
And it's worth noting that there's no secret. This is a consequence of the hype around meme coins, which CZ indirectly supports and promotes on his X account.
If the Ethereum trade is certainly very reasonable, but Solana is definitely because there is a surprise from the meme coin that is widely present in the project on the network, so that it can reduce BNB.
But this always happens in a few months, and it is not impossible that BNB will be able to return to triumphing in trade and just wait for time, but it might not be able to shift Ethereum.
It could be that what you say is the reality that is happening with the current meme coin, and we will continue to wait for further developments.
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I also said that if this recent growth on the dex trading volume is short-lived, the BNB network could be in a worse situation.
Today we see that the BNB network has improved even more, now it remains to be seen how long it will live.
If we really only see the reason as indirectly supporting and promoting CZ's memecoin projects, then I don't think it will be able to live for very long and will return to its previous state very soon. So I don't think it would be wise to get involved in any activity given this recent performance. I'll just observe for now.
There is no way increase in network activity can remain that huge for long. Look at the day Trump coin was launch, phantom app was crashing and Solana chain almost broke but was revive quickly but today, such is not happening because the frenzy has died down, same way BNB network is going to cool down very soon.
I like the fact that not only one chain claim all the glory of meme coins, the trend tend to change from one project to another continuously even though I don't like meme coins in the first place.
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I also said that if this recent growth on the dex trading volume is short-lived, the BNB network could be in a worse situation.
Today we see that the BNB network has improved even more, now it remains to be seen how long it will live.
If we really only see the reason as indirectly supporting and promoting CZ's memecoin projects, then I don't think it will be able to live for very long and will return to its previous state very soon. So I don't think it would be wise to get involved in any activity given this recent performance. I'll just observe for now.
Well, according to the stats on the site mentioned above, this meme hype around BSC was indeed short-lived. At least today, the daily trading volumes in the BSC network have already dropped to ~$900 mln, and as a result, BSC is now in second place by this metric.
However, if CZ promotes some meme tokens again, it may create another hype and, consequently, boost trading volumes.
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Well, according to the stats on the site mentioned above, this meme hype around BSC was indeed short-lived. At least today, the daily trading volumes in the BSC network have already dropped to ~$900 mln, and as a result, BSC is now in second place by this metric.
However, if CZ promotes some meme tokens again, it may create another hype and, consequently, boost trading volumes.
I don't know if it's only me, but based on my experience, projects or in this case, meme coins that have been promoted by a single influencer is indeed short-lived.
McAfee promoted ICO's in the past. Short-lived
Roger Ver promoted some ICO's in the past as well. Short-lived.
Some influencers online promoted numerous projects as well. Short-lived.
...and it will be the same with CZ.
For me, investors already learned their lesson with pump.fun. For me, investors don't want to risk their money with some new meme coins anymore. Yes, there will be some investors that loves gambling and will still do it, but most will not. As for CZ promoting meme coins, I hope that he will not continue this kind of thing as it only just creates fake volume on the BSC.
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For me, investors already learned their lesson with pump.fun. For me, investors don't want to risk their money with some new meme coins anymore. Yes, there will be some investors that loves gambling and will still do it, but most will not. As for CZ promoting meme coins, I hope that he will not continue this kind of thing as it only just creates fake volume on the BSC.
It's worth noting that the BSC network has four.meme, which is analogous to pump.fun. And given that this service has been gaining popularity lately, I wouldn't say that many investors are learning their lesson. Rather, only a few do, while most continue to invest in no-name tokens, hoping for a quick profit.
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[It's worth noting that the BSC network has four.meme, which is analogous to pump.fun. And given that this service has been gaining popularity lately, I wouldn't say that many investors are learning their lesson. Rather, only a few do, while most continue to invest in no-name tokens, hoping for a quick profit.
I even thought that the meme tokens on BSC were no longer valid and no longer exist. because now it has lost to the popularity of the Solana network, which is known to have won most of the meme tokens this time built on the Solana network with various plus and minus sides. but the beginning is still almost the same as the past meme tokens, both on Ethereum, BSC, and other networks.
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Well, according to the stats on the site mentioned above, this meme hype around BSC was indeed short-lived. At least today, the daily trading volumes in the BSC network have already dropped to ~$900 mln, and as a result, BSC is now in second place by this metric.
However, if CZ promotes some meme tokens again, it may create another hype and, consequently, boost trading volumes.
This was actually a short-term dex trading volume pump.
Because we can already see that BSC has moved back to number three, the number one spot that was supposed to be occupied by Ethereum has been taken by itself, and on the other hand, the number two position has been captured by Solana coin. In my opinion, this was just a ridiculous activity with BSC's dex trading volume. :)
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[It's worth noting that the BSC network has four.meme, which is analogous to pump.fun. And given that this service has been gaining popularity lately, I wouldn't say that many investors are learning their lesson. Rather, only a few do, while most continue to invest in no-name tokens, hoping for a quick profit.
I even thought that the meme tokens on BSC were no longer valid and no longer exist. because now it has lost to the popularity of the Solana network, which is known to have won most of the meme tokens this time built on the Solana network with various plus and minus sides. but the beginning is still almost the same as the past meme tokens, both on Ethereum, BSC, and other networks.
During this time, Ton was good enough to manage the meme token before finally becoming a better sol network, but for me all the networks that popularize the meme tokens no one can succeed well and only for a moment and not long afterward finally disappeared from the market. It's hard to be able to develop tokens memes today because the projects that are run always do not give confidence to be large and only benefit Dev.