The Binance-backed BNB Smart Chain is experiencing a resurgence right now, led by BOB Crypto (Build On Bob), a memecoin that has surged over 160% in the last 24 hours. Rumors are circulating that the pump is due to it possibly being the next Binance listing.
BOB crypto was launched in November 2024, and the BNB Smart Chain community quickly bought it, making it the breakthrough meme coin on the network. However, shortly after, Binance co-founder CZ revealed his dog's name Broccoli, which quickly spawned its own meme coin that overshadowed BOB.
BOB Crypto has the last laugh after initially being overshadowed by CZ's dog.
While BOB crypto was initially plagued by the multiple BROCCOLI tickers that emerged once CZ revealed his dog's name, Build On BNB had the last laugh.
The two main BROCCOLI tokens have a combined market cap of only $37 million, while the recent rise of BOB crypto has brought it to about $52 million, surpassing the two CZ dog memecoins.
BOB was a CTO (community takeover) in its early days after the initial developer sold his bags, and has since been recognized as a leading memecoin by the BNB Smart Chain (BSC) community.
DefiLlama has listed BSC as the number three blockchain, behind Solana at two and Ethereum at three. It has long been known as a cult community filled with Binance and BNB crypto maxis, with many of the early Binance and BNB whales trading solely on BSC.
As a result, the daily transaction volume on BSC is staggering at $13 billion. To put that in perspective, Solana is second with $2.1 billion, while Ethereum is third with $1.34 billion.
With its ties to Binance via the BSC network, many speculate that the huge price surge of BOB crypto is due to the fact that it may be the next Binance listing.
Another token price related to Binance, BOB crypto, and the BSC network is BNB. The native token for the BSC and Binance network has increased by 3% over the last 24 hours as positive sentiment and volume return to the blockchain. It is trading for $650 at the time of writing.
$BNB
