This morning, many people were discussing a meme coin with a market cap of 70 million that suddenly appeared on the BSC chain #EGL1

After checking, I found that this project is completely operated by an overseas team. The official Twitter @EGLL_american uses the American bald eagle as a symbol, and the token name EGL1 is derived from "Eagle 1st," emphasizing the narrative of "America First." It is a rare non-Chinese style meme coin on the BNB chain.

From the data, the 24-hour trading volume is 30 million, indicating significant control by a large player. The project team has considerable ambition, likely aiming for the trading competition on the BNB chain. If the price adjusts later, I might consider buying some, but everyone should especially pay attention to the volatility risks of such heavily controlled coins.