Pump.fun News

As BNB's price records a massive 30% rally, the BNB Chain ecosystem also experiences a remarkable performance, fueled by Chinese-themed memecoins launched on the Four.meme launchpad. Related Reading: BNB Flips XRP's Market Capitalization As Price Hits $1,300 Record High - What's Next? BNB Chain Momentum Steals Memecoin Spotlight Amid BNB's run to the $1,300 barrier, the BNB Chain ecosystem is experiencing a memecoin frenzy, with multiple BNB Chain-based tokens gaining significant traction over the past few days. Notably, the ongoing momentum has seen tokens like Palu (PALU), 币安人生 (BinanceLife), 4 (FOUR), PUP (PUP), and CZ's Dog (BROCCOLI) record massive rallies. According to DeFiLlama data, the BNB Chain-based memecoin launchpad, Four.meme, has overtaken Pump.fun, Solana's leading launchpad, in daily revenue. In the past 24 hours, Four.meme has gained around $1.4 million in revenue, surpassing Pump.fun's $885,420. Meanwhile, CoinGecko data shows that the Four.meme ecosystem tokens have surged around 88% to an overall market capitalization of $1.044 billion and a daily trading volume of $963.4 million. Nonetheless, the Solana-based launchpad continues to lead in higher timeframes, with weekly and monthly revenues of $8.34 million and $40.9 million, respectively. Binance co-founder and former CEO Changpeng Zhao, also known as CZ, highlighted the recent memecoin frenzy in the BNB Chain. On Tuesday, CZ acknowledged the "BNB meme szn" on X, affirming, "I didn't expect this at all." On-chain analytics platform Bubblemaps declared that the "BNB memecoin szn is real," noting that over 100,000 on-chain traders bought into the new memecoin frenzy, with 70% of them being in profit. As the platform detailed, 21,000 investors have made over $1,000, while 900 have earned over $100,000 with the leading tokens. Meanwhile, 40 traders have made over $1 million, and one has profited more than $10 million. Can BNB's Memecoin Season Last? A crypto community member weighed in on how long the ongoing memecoin trend could last and whether it was worth participating in it. According to the X post, the investor considers that the BNB Chain tokens frenzy might continue, arguing that "this time is different." Following the rapid surge of BinanceLife, which has reached a market cap of $372 million in less than a week, the investor listed multiple reasons why BNB Chain's memecoin season could last for a while. They argued that "CZ and He Yi won't let this wave fade easily," suggesting that they will "likely keep pushing it forward." The investor pointed out that the ecosystem is more mature and capital is more abundant. Previously launched memecoins "aimed" for a Binance listing, while the new project's exit path is clearer. "First generate hype through reposts, then launch on Alpha, followed by listing on Aster spot and Binance spot--each step driving upward momentum in a relentless surge," they explained. Lastly, the investor argued that the rules have changed, as this Memecoin bull run is spearheaded by the Chinese-speaking community, who "stand at the crest of the wave" this time. "Those who embrace change swiftly profit first; Those with biases neither gain nor lose," they concluded. Featured Image from Unsplash.com, Chart from TradingView.com