BNB record brought meme coin craze to BSC – surged by 180 percent
The fact that BNB, the Binance exchange's own token, broke a new record last night seems to have highlighted the meme coins on Binance Smart Chain. Also noteworthy is that 5 wallets turned to the meme coin called WHY on BSC. The coin is up 181% since yesterday.
It looks like the first half of 2024 will be remembered as the “meme coin period” for many years to come. Solana-based BONK, WIF, and BOME, and Ethereum-based #PEPE, FLOKI, and MEME have all made their mark this year so far.
However, even though the first half of the year is now complete, interest in meme coins does not appear to have waned. Finally, Binance's own token, #BNB, generating a new ATH, may have made the BSC network the new address for traders. As is known, network payments are made with BNB. Therefore, the meme coins here are also purchased with BNB.
Findings from on-chain tracking firm Lookonchain showed that 5 major#BSCwallets purchased the meme coin called WHY. 5 wallets received a total of 779#BNB(approximately 534 thousand dollars) and 14.9 billion WHY tokens. The total value of these meme tokens increased to $1.3 million in a short time. The rise of the meme token called#WHYsince the overnight hours has reached 181%.
The increase of the coin, which was launched in April, in the last month has exceeded 500%.#bien