Let's make a bold guess: The recently listed coins on Binance on BSC are not worth buying in the short term. At least a consecutive 5 weeks is needed to see a relative low point. Reference #TST

Analysis of 6 MEME coins recently launched on Binance
The coins recently launched on Binance are almost all related to Binance's own ecosystem
Binance Wallet's IDO coins and MEME coins on the BSC chain
Next issue will analyze the IDO coins from Binance Wallet

MEME coins
Cheems: 300 million, peak at 350 million.
#MubarakMemecoin : 65 million.
#TST_USDT : 65 million, peak at 500 million.
714: 57 million.
Banana: 56 million.
TUT: 40 million.

From the data, it can be seen that the MEME coins that have previously led on Binance, such as TST and Mubark with a market cap of 60 million USD, serve as recent support. The future depends on two factors:
1. Whether BTC continues to decline, which is highly probable, meaning that the market cap at this level may also have room for further decline.
2. Whether Binance will provide support.

Key point: Moreover, the recent peaks of MEME coins appeared on-chain, rather than on the Binance exchange.
Therefore, the best time to sell is when Binance issues an announcement, rather than selling after the launch.

For other non-Binance leaders, apart from the Cheems token, which will be discussed below,
it is clear from the data that 50 million may serve as a short-term support.

Cheems is a SHIB issued on BSC. Is there a SHIB whale behind it? This makes it different from others.