Introduction: On April 27, 2025, Four.meme and PancakeSwap jointly launched the 'Meme2Million' activity (also known as 'Burn to Rise'), aiming to promote the growth and ecological prosperity of meme coin projects on the BNB chain through innovative mechanisms.
This article will analyze in detail how the event operates, its potential impacts, and possible risks, based on official X posts and related search results. Activity Background and Purpose: Four.meme is a meme coin launch platform focused on the BNB chain, while PancakeSwap is the main decentralized exchange (DEX) on the BNB chain. The goal of the 'Meme2Million' activity is to improve the market performance and trading activity of meme coins by incentivizing quality projects and regularly burning tokens, thus promoting the prosperity of the entire ecosystem. According to the official X posts, the activity launched on April 27, 2025, which coincides with the current date (April 27, 2025, 13:42 +08), indicating that the information is accurate. The X post mentions that the activity is named 'Meme2Million' or 'Burn to Rise' and elaborates on the operational mechanism.
Participation Conditions:
Tokens must first be launched on the Four.meme platform and then successfully listed on PancakeSwap.
The token's market capitalization must reach or exceed $1 million by 08:00 UTC+8 daily to participate in the activity.
Reward and Burn Mechanism:
Once the conditions are met, 50% of the daily trading fees generated by the token on PancakeSwap (excluding the liquidity provider portion) will be accumulated.
Among the accumulated fees, the portion for meme tokens will be uniformly burned by PancakeSwap at the end of each month, while the BNB portion will not be involved in the burn.
This mechanism aims to potentially increase the value of the token by reducing the circulating supply.
Suspension Rules:
If the token's market capitalization falls below $1 million within a specified time, the accumulation of fees will be suspended until the market capitalization recovers above $1 million, and accumulation will continue.
Openness:
The activity is open to all tokens issued on the BNB chain, both existing and future, encouraging more projects to participate.
From the links in the X posts, the details of the activity may be included on the Four.meme platform, but relevant information was not found through website searches, indicating that the activity information may not have been fully updated on the website and is only available in announcements on the X platform.
Potential Impact Analysis
Positive Impacts
Incentivizing Project Growth
Set a market capitalization threshold of $1 million to encourage project teams to achieve this goal through community building, marketing, and value delivery.
This competitive mechanism helps filter out truly promising projects and promotes the overall healthy development of the meme coin ecosystem on the BNB chain.
Token Burn Mechanism
By regularly burning tokens, the activity introduces a deflationary mechanism for meme coins.
Under conditions of stable demand, a reduction in supply may lead to price increases, which is attractive to investors, especially those seeking long-term value.
For example, the X post mentions 'Burn to Rise', emphasizing burning tokens to enhance value, which aligns with the current deflationary trend in the cryptocurrency market.
Increase in Liquidity and Trading Volume
The activity may attract more traders and investors to pay attention to meme coins on the BNB chain, thereby increasing liquidity and trading volume on PancakeSwap.
This not only benefits the development of participating projects but may also enhance the overall activity of the BNB chain ecosystem. For example, the news account bpaynews X post mentioned that the activity could drive ecological growth.
Enhancing Ecological Appeal
Meme coins are typically characterized by community-driven initiatives, and this activity can further stimulate community participation enthusiasm by rewarding successful projects.
At the same time, the activity also injects new vitality into the meme coin ecosystem on the BNB chain, attracting more innovative projects to join.
Potential Risks and Considerations
Market Manipulation Risks
$1 million market capitalization threshold may induce market manipulation, for instance, some project teams may artificially inflate the market capitalization temporarily to meet the conditions and then sell off (pump-and-dump).
Such behavior could result in losses for ordinary investors, especially in the context of the highly volatile meme coin market.
Unfairness to Small Projects
Only projects that reach a $1 million market capitalization can directly benefit, which may widen the gap between small and large projects.
Small projects may not be able to benefit directly from the activity and need to find indirect benefits through other means, such as community building.
Price Volatility
Meme coins are known for their high price volatility, and the token burn mechanism may further exacerbate price fluctuations.
If the timing of the burn does not align with market sentiment, it may lead to sharp price changes in the short term, increasing investment risks.
Regulatory Attention
The rapid growth of the meme coin market may attract the attention of regulatory agencies, especially when it involves market manipulation or investor protection issues.
The operation of the activity needs to ensure compliance to avoid potential regulatory risks in the future.
Comparison and Background Information
According to the search results, the Four.meme platform recently encountered security issues, such as several hacker attacks in March 2025 (Four Meme Hack Analysis), involving vulnerabilities in the PancakeSwap liquidity mechanism. This may have a certain impact on investor confidence, but the 'Meme2Million' activity seems to be one of the efforts by the platform to restore trust and promote ecological development.
Moreover, the meme coin market has been continuously hot in recent years, with a total market capitalization exceeding $100 billion ([Understanding Four.Meme](https://droomdroom.com/four-meme-explained/)), and the activity may further amplify this trend.
Conclusion
'Meme2Million' is an innovative initiative designed by Four.meme and PancakeSwap for the meme coin ecosystem on the BNB chain. By setting market capitalization thresholds and token burn mechanisms, the activity aims to incentivize the development of quality projects and enhance the vitality and appeal of the ecosystem. However, the activity also carries potential risks, including market manipulation, unfairness to small projects, and price volatility. Therefore, participants and investors need to remain cautious, conduct thorough due diligence, and manage risks effectively.
This activity is not only a significant boost to the meme coin ecosystem on the BNB chain but also provides a new exploration direction for the entire DeFi field. In the future, as more projects participate and the ecosystem matures further, 'Meme2Million' may become a landmark event for the success of meme coin projects.
