$BNB

Trump-Inspired Memecoins Gain Momentum on BNB Chain

Binance’s BNB Chain has released an easy guide to creating a memecoin as Trump-inspired tokens have sparked investor interest and legal debate.

BNB Chain, a layer-1 blockchain created by cryptocurrency exchange Binance, has provided a seven-step guide to lowering the technical barriers to creating memecoins.

On Jan. 24, Changpeng “CZ” Zhao, the founder and former CEO of Binance, revealed in a post on X a guide that simplifies the creation of memecoins on BNB Chain.

In the guide, BNB Chain shared “practical steps and strategies” to successfully launch a memecoin. Speaking to Cointelegraph, a BNB Chain spokesperson said the BNB Chain Meme Solution consists of multiple projects to support anyone, from individuals to businesses.

“This could include anyone from Web3 developers interested in creating and deploying tokens using tools like Four.Meme or Pinksale, or business owners with no prior knowledge of Web3 and looking for new business opportunities, to public figures including political leaders or celebrities who want to provide engagement through memecoins,” they added.

Trump Leads the Memecoin Craze

While promoting the memecoin creation guide, Zhao noted the continued interest in the tokens issued by US President Donald Trump and First Lady Melania Trump:

“A Step-by-Step Guide to Launching a ‘Trump-Like’ Memecoin on the BNB Chain.”