In the 2025 crypto market, the marriage of AI and Meme becomes the hottest narrative. On the BNB Chain, SIREN wraps its AI core in the mythos of the 'Siren,' with a market cap exceeding $100 million within three months, over 50,000 holding addresses, and DWF Labs betting $540,000. As the first token on the BNB Chain that integrates AI practicality with Meme culture, its on-chain data not only records price fluctuations but also reflects a community-driven value experiment. This article will interpret this dual evolution of 'mythical narrative + technological innovation' through data.
Project overview: SIREN
SIREN is an AI-driven Meme token based on the BNB Chain, inspired by the Sirens from Greek mythology—known for their enchanting yet dangerous songs.
The project operates its official Twitter account (with 110,000 followers) through AI automation and has accumulated 58,000 followers in its Telegram community. As one of the first AI-themed Meme projects in the BNB Chain ecosystem, its unique positioning and early-mover advantage cannot be overlooked, despite its similarities to products in the Solana ecosystem.
Image source: https://www.rootdata.com
Core feature: Dual Personality AI architecture
SirenAI Agent, as the core tool of the project, adapts to diverse investment needs through two strategic personalities:
Golden Personality: Centered on risk control and trend tracking, serving stable investors.
Crimson Personality: Focused on capturing high volatility opportunities, catering to the needs of aggressive users.
This design retains the cultural dissemination of Meme coins while endowing them with practical value for on-chain data analysis and trading assistance.
SIREN Data Analysis
SIREN was first created on the four platform on February 8, 2025, and within just three months of launch, its market cap has surpassed $100 million, with the coin price continuously refreshing all-time highs.
Image source: https://coinmarketcap.com/
On-chain data indicates that after the market downturn in April, the number of active trading accounts has significantly rebounded, nearing the active peak levels of March. However, in terms of total transfer amount, it has not yet reached previous highs. The highest single-day trading volume in March was $200 million, while currently, it is only $70 million, indicating that although the transaction count has rebounded, the average transaction amount is small, suggesting that the market may be in an Alpha incentive phase, with users mainly motivated to engage in frequent small transactions for points. Nevertheless, this at least reflects the authenticity of user participation.
Image source: https://bscscan.com/
As of May 10, 2025, SIREN's market cap has increased nearly fivefold from its initial valuation, surpassing the $100 million mark. On-chain data shows that the number of holding addresses on the BNB Smart Chain has exceeded 50,000, and the liquidity pool size within the ecosystem has reached approximately $2.9 million.
Image source: https://bscscan.com/
Notably, on May 13, 2025, the well-known crypto investment firm DWF Labs increased its holdings of SIREN worth $540,000. The next day, the BNB Chain Foundation also purchased tokens worth $25,000 through its official wallet, as part of its $100 million ecological incentive program. These actions not only provide funding support but are also seen as an acknowledgment of the project's long-term potential, greatly enhancing community confidence and market attention.
Current data performance
According to the latest data from CoinMarketCap, the current price of SIREN is $0.142799, with a 24-hour trading volume of $14,684,683, a market capitalization of approximately $104,494,726, ranking 367th. The circulating supply is 731,760,892, yet to reach its maximum supply cap.
This data structure implies that while the transaction count is continuously rising, the transaction volume has not grown in sync, indicating that current market participants mostly engage in small interactions. Combined with the Alpha mechanism inference, current trading behavior is likely driven by users brushing points, but this at least indicates that the user base consists of real users.
Image source: https://www.rootdata.com
Holding structure and comparative analysis
Currently, the number of SIREN holding addresses is approximately 50,000. Considering that Meme projects usually lack traditional 'fundamental' indicators, the number of holding addresses becomes an important reference for measuring the strength of community consensus.
To provide a more meaningful comparison:
Aixbt, with a current market cap of $190 million, is an AI Meme project launched in November 2024, with 320,000 holding addresses.
BOME, with a market cap of $170 million, is known for breaking the $1 billion market cap in three days, currently having 88,000 holding addresses.
Griffain, with a market cap of approximately $100 million, launched in December 2024, currently has 69,000 holding addresses, which have decreased as the coin price has fallen.
Image source: homemade
Comparatively, SIREN's current holding foundation appears relatively weak, stuck in an awkward range of 'market cap not rising nor falling.' To further drive market cap upward, the number of holding addresses needs to multiply, and community promotion and consensus building urgently need to be strengthened. The current challenge is that the coin price is at a high level, while the community base has not formed enough support.
Image source: https://bscscan.com/
Position structure and market risk assessment
Using the Bubble tool to analyze the Siren contract address reveals that there was indeed a certain concentration of related addresses in the project's early stages (February 2025), but considering the project just launched, this situation is within a reasonable scope.
Image source: https://bubblemaps.io/
Recent data shows that the current token distribution is relatively dispersed. Affected by the market adjustment in April, some early addresses have exited. The highest holding ratios are with exchange accounts: Bitget accounts for 2.7%, GT accounts for 1.2%, while other addresses are below 0.1%, and currently, there are only 210 addresses with a share greater than 0.1%, indicating a certain degree of decentralization trend.
Image source: https://bscscan.com/
Deep coupling of the Binance ecosystem
Alpha plan effect: After being selected for the Binance Alpha section, the CEX daily trading volume increased by 420%, with a user retention rate exceeding 75%
Liquidity flywheel: Building a cross-platform liquidity network through DEXs like PancakeSwap, DODO, and CEXs like Bybit and Bitget, with locked amounts exceeding $2.9 million
Developer attraction: 17 third-party teams have developed strategy plugins based on SirenAI Agent, with ecological application TVL reaching $1.2 million
Image source: https://coinmarketcap.com, list of online exchanges, top ten.
The rebirth of the Siren legend in code
The on-chain trajectory of SIREN is rewriting the underlying logic of Meme coins—when the rational light of the Golden Personality merges with the adventurous fire of the Crimson Personality in a decentralized network, we see not only the rise and fall of token prices but also a dual revolution of community autonomy and technological inclusiveness. As stated in its white paper: 'We want every holder to become the Odysseus of their own wealth epic.'
On this evolutionary path, data has given the most steadfast prophecy: when the consensus power of 50,000 addresses combines with the infinite computing power of AI, the Siren's song will ultimately penetrate the fog of FUD and reach the shores of value.