Recently, Binance Smart Chain (BSC) has experienced a wave of excitement, especially in the Meme coin sector. Since Binance CEO Zhao Changpeng (CZ) mentioned the Meme coin $Mubarak on social media, the trading volume on the BSC chain has significantly increased, with multiple Meme coin prices soaring, attracting a large influx of funds.
This wave of excitement has not only enhanced the activity of decentralized exchanges (DEX) on the BSC chain but has also allowed PancakeSwap to surpass Uniswap in 24-hour trading fees, jumping to the first position. Additionally, high-quality projects within the BSC ecosystem are continually emerging, covering various fields such as DeFi, cross-chain liquidity, and artificial intelligence computing, showcasing the diversified development of the BSC ecosystem.
In this wave of excitement, BNB, as the native token of the BSC chain, has also attracted market attention. As of now, the price of BNB is $621.7, with a daily high of $641.68 and a low of $621.18, down about 2.3% from the previous day.
It is important to note that although the excitement around Meme coins has brought short-term liquidity and trading activity to the BSC chain, long-term ecological development still requires support from more core users and the promotion of quality projects. Investors should remain cautious and manage risks when participating in trading such high-risk assets.