Trump-Inspired Memecoins Gain Adherents on BNB Chain

Binance Chain's BNB Chain Releases Simple Memecoin Creation Guide as Trump-Inspired Tokens Spark Investor Interest and Legal Debates

BNB Chain, a layer-1 blockchain created by cryptocurrency exchange Binance, has introduced a seven-step guide to reduce technical barriers to memecoin creation.

On Jan. 24, Changpeng "CZ" Zhao, founder and former CEO of Binance, revealed in an X post a guide that simplifies memecoin creation on BNB Chain.

In the guide, BNB Chain shared "actionable steps and strategies" to successfully launch a memecoin. Speaking to Cointelegraph, a BNB Chain spokesperson said that BNB Chain's memecoin solution is comprised of multiple projects to support anyone from individuals to businesses.

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