Meme season on Bsc??.

[Crypto Library]

I was talking about the daily trading volumes on the DEXs in recent days.
If you look at the stats on the defillama site, 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?

[Gurujebs]

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.

[Crypto Library]

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.

[dwyane36]

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.

[Crypto Library]

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.

[yohananaomi]

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.

[Gurujebs]

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.

[dwyane36]

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.

[LogitechMouse]

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.

[dwyane36]

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.

[vegasus]

[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.

[Crypto Library]

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. 

[yohananaomi]

[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.