BSC Chain Recently Heats Up
BSC Chain has recently become exceptionally active. This article will highlight seven of the most actively traded meme coins on the BSC Chain and introduce five eco-projects that have received funding but have yet to issue tokens, analyzing their narratives for readers’ reference.
(Background: Lu Xun quotes become wildly popular in the crypto community! CZ responds: “Countless people are related to BSC,” and $LUXUN soars past 9 million dollars.)
(Supplementary Background: CZ buys contracts on-chain for the first time, $Mubarak “leveraged 25 times to go long” and makes a profit of 148% in 10 minutes, sharing two trading insights.)
Since CZ called for $Mubarak, a massive influx of funds has poured in, giving rise to multiple astonishingly surging coins, thereby heating up the BSC ecosystem. According to Defillama data, the DEX PancakeSwap on the BSC Chain surpassed Uniswap in trading fees over the past 24 hours, jumping to the top spot.
In addition to the meme coin craze, high-quality projects within the BSC ecosystem are continuously emerging. According to Rootdata, there are currently 201 projects on the BSC Chain that have received funding, have not yet issued tokens, and are still operational. These include prominent projects supported by organizations such as Binance Labs (now YZi Labs) and Polychain. These projects cover various fields such as DeFi, cross-chain liquidity, and AI computation, representing the long-term development direction of the BSC ecosystem.
Recent Active Meme Coins on BSC Chain
1. $mubarak (Mubarak)
Mubarak means “blessed” in Arabic and is often used in holiday greetings. On the afternoon of March 13, Binance’s official Chinese X account retweeted a meme image dressed in Arab attire. Shortly thereafter, CZ himself also retweeted it, captioning it “Mubarak.” Subsequently, a large number of memes emerged on-chain with the same name.
Perhaps to avoid the issue of mixed contracts that occurred during the Broccoli incident, CZ retweeted a tweet from a Mubarak community member on the morning of March 14, indirectly designating the official CA. On March 15, CZ released a meme image of Mubarak in Binance Square, captioning it “Going to meet a friend this weekend.” The token price then soared from $0.004 to $0.04. That evening, Binance Alpha launched $mubarak, and the market speculated that it might officially land on Binance, leading to sharp price fluctuations around $0.04.
On March 16, a wallet address marked as CZ bought 1 BNB of $mubarak, after which the token continued to rise, with a market cap peaking at over $270 million.
Market Cap: $138 million
24-Hour Trading Volume: $103 million
Token Price: $0.136
2. $Mubarakah (Mubarakah)
Mubarakah is a “female version” of mubarak, launched by the community based on the Mubarak meme image, combined with a representation of He Yi. It has not yet received “endorsement” from CZ or He Yi and mainly relies on community promotion.
Market Cap: $3.8 million
24-Hour Trading Volume: $8.5 million
Token Price: $0.0037
3. $QMubarak (QueenyiMubarak)
QMubarak is also a derivative meme of Mubarak, similar to Mubarakah, focusing on the “Middle Eastern version of He Yi.” The meme image was retweeted by He Yi himself, causing it to rise over 200 times.
Market Cap: $588,000
24-Hour Trading Volume: $3.3 million
Token Price: $0.0005
Community Concept Meme
4. $BNB Card (BNB Card)
The Binance official account released an early construction card, which inspired someone to create a coin based on this meme. Subsequently, others shared their own cards, and even He Yi showed support.
On March 18, He Yi released a picture based on BNBCard on his X account, captioning it “Humble little He online listening to advice.” The token surged over 60% within an hour. However, because the largest holder @Wolfy_XBT significantly sold off at the peak, the token price experienced a massive downward shock, with its market cap dropping from nearly $10 million to $3 million. After facing collective backlash, this user gifted 2% of their holdings to CZ, and after several twists and turns, the community has developed new expectations for this token.
Market Cap: $2.6 million
24-Hour Trading Volume: $7.8 million
Token Price: $0.0026
5. $DDDD (DDDD)
$DDDD was born during the downtime of the Four platform and stands for the first letters of the Chinese phrases “bring along brothers” and “those who understand understand.” He Yi first proposed this term on Twitter. Initially, $DDDD was misunderstood during the FUD process, even being misinterpreted by He Yi, but later it was clarified. This twist made it a memorable meme. The repetitive four-letter form makes it easy to spread, helping more people understand the unique style of Chinese memes.
Market Cap: $1.5 million
24-Hour Trading Volume: $5 million
Token Price: $0.0015
6. $TUT (Tutorial)
$TUT is touted as a meme coin created by real builders and now has its own website and roadmap. Ten months ago, the developers recorded the first tutorial on how to issue tokens on the BNB Chain, which mentioned this $TUT token. Therefore, this token is considered a more OG existence compared to $TST and has recently gained traction amidst the BSC hype.
Market Cap: $52.7 million
24-Hour Trading Volume: $37.7 million
Token Price: $0.053
7. $Palu (Binance’s Palu)
Palu initially appeared as Binance’s mascot. The official Binance Chinese account has used the #Web3 Palu tag multiple times, but the community’s response was tepid. Until March 14, when Binance released an organizational chart of the exchange, where the “mysterious eighth person” was identified as the meme king Palu, symbolizing all Binance users. He Yi’s comments further heightened the hype, and this meme quickly gained popularity.
Market Cap: $1.3 million
24-Hour Trading Volume: $2.6 million
Token Price: $0.0013
Funded but Unissued Token Projects
According to Rootdata, the BNB Chain currently has 201 projects that have received funding, have not yet issued tokens, and are still operational. This article selects five projects representative of their sectors for review.