🦅【On-chain Meme Observation | EGL1: A Short-term Speculative Target of Political Narrative?】
Recently selected an on-chain project worth paying attention to (EGL1)
EGL1 is a newly issued political-themed meme token on the BSC chain, focusing on the themes of 'America First' and 'Eagle Spirit'.
Token Information:
1. Token Sniffer Security Rating: 70/100
2. Founder/Team Information: Not disclosed
3. EGL1 token is a BEP-20 token on the BSC chain, with a total supply and maximum supply of 1 billion tokens.
4. Trading Volume: 24-hour trading volume exceeds $100 million, indicating high market activity.
On-chain Structure and Trends:
Top Traders Structure: The top addresses are mainly selling (DexScreener)
From the chart, EGL1 has experienced significant price fluctuations since its launch in early June 2025. Its historical highest price reached approximately $0.103, then fell back to around $0.0415 in mid-June, and rebounded again to the current level of about $0.06. This has formed a U-shaped fluctuation pattern, reflecting strong alternating selling and absorption.
Key Points of Interest:
1. EGL1's social media heat is concentrated on Twitter. The official X account (@EGLL_american) has over 400,000 followers, showing considerable attention. Its association with the world financial freedom project supported by Trump enhances its appeal.
2. Currently, there are no directly similar projects on BSC claiming a similar theme.
3. It has been listed on exchanges like Hotcoin and Poloniex, attracting attention for short-term trading. No rumors from top exchanges (Binance, OKX) yet, but if the heat continues, there may be upward potential.
Summary: EGL1 is not a 'long-term value coin', but as a MEME driven by narrative, social media heat, and short-term speculative space, it possesses short-term speculative value, and participating in small positions around 0.05 could be considered.
(For reference only, DYOR, not financial advice)