Original | Odaily Planet Daily ( @OdailyChina )
Author｜Nan Zhi ( @Assassin_Malvo )
On February 6, the test token TST that appeared in the four.meme platform demonstration video was discovered by the market. However, since the concept of demo coin has appeared many times on Solana before, the market did not pay too much attention to it, and the market value briefly touched $5 million before returning to zero.
At 8 pm on the 6th, CZ responded specifically to the TST token, pointing out that the token was not issued by the team and that the team did not hold the token, and attached a link to purchase the token . The market began to FOMO, and the market value once exceeded 50 million US dollars.
On February 7, due to the lack of new news and actions, TST briefly fell back to $10 million. However, the subsequent development was completely unexpected by the market. Binance Alpha listed TST, CZ published another article, and Binance launched TST spot and contracts . Binance pushed TST to a climax at an unprecedented speed . As of the time of writing, the token market value reached a maximum of $520 million.
When TST became popular, the BSC ecosystem was also brought into the spotlight, and many old coins with BSC-related concepts were pulled up. This article will take stock of them and sort out which sectors the market is hyping and their performance.
Secondary Market
BNX
Current market value: $122 million
Background concept: The four.meme platform was actually incubated by the BinaryX team. In September 2024, BinaryX announced a rebranding to Four, but it has not been implemented yet, and the four.meme platform does not have a platform coin, so BNX is considered to be a platform coin concept and is hyped.
CAKE、BAKE
Current market cap: $540 million, $420 million
Background concept: PancakeSwap is the largest exchange on BSC. BAKE is the token of BakerySwap and is also part of the BSC ecosystem.
Binance Alpha
The top ten BSC tokens in Binance Alpha are ranked by 24-hour trading volume as shown above, and the top five are:
BOB
Current market value: $9.96 million
Background concept: Binance official Twitter often mentions Build On Bnb in tweets, and the conceptual Meme token derived from this.
KOMA
Current market value: $30.67 million
Background concept: KOMA is a community-driven Meme token, and there is also the concept of SHIB Son.
BANANA
Current market value: $47.76 million
Background concept: Pure Meme token, but with obvious strong background, linked with multiple BSC applications and projects. And received investment from four.meme on February 9 .
CGPT
Current market value: $150 million
Background concept: The token of the AI project ChainGPT.
MONKY
Current market value: $40.53 million
Background concept: The Meme token created by the FLOKI project, with Wintermute and DWF Labs as its market makers.
Four.meme Origin
Queen YI, CZ
Current market value: $2.3 million, $1 million
Background concept: The concept of the same name, unofficial token.
binancedog
Current market value: $1.21 million
Background concept: The first popular Meme token on the four.meme platform, with a peak market value of over 10 million US dollars.
cakedog
Current market value: $520,000
Background concept: The first Meme token on the Pump platform PancakeSwap SpringBoard launched by Pancake, with a historical peak market value of US$7 million.
