#BNBChainMeme

BNB Chain-based TST token, issued as a memecoin by the blockchain’s community following a tutorial video on how to issue tokens, zoomed to a $300 million market capitalization as Binance founder Changpeng Zhao referred to the token in several X posts

Things with clear tangible value are harder to speculate on. They stay around the clear value,” Zhao said. “This is indeed a challenge for RWA. Memes are fun, etc. It’s a cultural thing. I am not an expert in this area. There are plenty of die-hard defenders of memes. Don’t go against the community.”

Barstool’s Portnoy Buys “JAILSTOOL”

David Portnoy, the influential founder of Barstool Sports, jumped into the memecoin fray on Friday with a coin called "Montoya por favor," inspired by a contestant from the Spanish reality show La Isla De Las Tentaciones.

Portnoy told his 3.5 million X followers that he was "up a billion percent" on his first foray into the meme tokens, helping the coins surge to a market capitalization of $14 million at its peak before plummeting down to a $1 million cap within a few hours.

He has now set his sights on a Josh Allen MVP coin with a playful warning, "Buy at your own risk. I just bought it. I’m gonna sell it. Don’t buy what ya can’t lose." That coin also shot up, hitting a market cap of over $12 million, before nosediving to a capitalization under $100,000.