BlockBeats News, January 15, according to... GMGN Monitoring shows that, possibly influenced by BNB Chain's relaunch of a 10-day "USD1 Trading Competition," some Meme coins that previously performed well in the earlier USD1 trading competition on the BSC chain have risen again today. Additionally, older USD1 pool Meme coins (such as Z and E), which have smaller market capitalizations, have all experienced surges of over 300%, but have now significantly retreated. Some relevant information is as follows:
B: A 6% increase in the past 24 hours, market capitalization is temporarily reported at $24.8 million, current price is approximately $0.248;
EGLD: 24-hour increase of approximately 29%, market cap temporarily reported at $22.2 million, current price around $0.022;
E: 24-hour increase of approximately 110%, with the market cap surging to a peak of $1.9 million this morning. It has now sharply declined to $400,000, with the current price around $0.0004.
The first USD1 tournament, scheduled for May to July 2025, will be jointly hosted by WLFI, BUILDon, Four.meme, PancakeSwap, and BNB Chain, offering total rewards exceeding 1 million USD1 tokens.
BlockBeats reminds users that Meme coins experience significant trading volatility, largely relying on market sentiment and concept hype, without actual value or use cases. Investors should be aware of the risks.