CZ Push Mints same Millionaires

The BNB channel has become the new playground for the same and this week’s action shows how speed the capital runs between the games while the BNB token of the network continues to break records.

Whenever the basic asset is straightening up, liquidity tends to stay inside the ecosystem – just as Solana experienced it with WIF and other dog tokens last year.

Freshly launched “Chinese” tokens as “Chinese” 币安人生 (“Binance Life”), 客户小何 (“Xiaohe client”) and 空气币 (“Air Coin”) increased by several thousand percent in a few hours, pushing the daily volumes to tens of millions over 24 hours.

(Dexoutils)

Bubblemaps data show that more than 100,000 new chain traders have rushed into the wave of BNB memes in recent 48 hours, 70 % of which are already sitting on paper profits. A handful of whales have made a fortune almost overnight, with 40 wallets now displaying more than a million dollars in gains, and at least one of them won $ 10 million.

But what distinguishes this race is the brand explicitly linked to Binance and its founder Changpeng Zhao. Tokens as 4th (built on the same “4” of the New Year 2023 resolution of Zhao to “ignore Fud”) and the spin-offs of his dog Broccoli, bind the speculation directly to the founder of Binance and his culture. The effect is recursive because each time Zhao publishes or reacts on X, the memes linked to BNB pump stronger.

In the past 24 hours, the BNB Chain network has a volume of transactions of more than $ 82 million among the ten main same emitted this week, according to Dextools.

But behind the euphoria hides a familiar fragility. The memes BNB older like Broccoli and Mubarak still exchange more than 90 % below their summits, recalling at what speed the media threshing once fades the influx.

The BNB channel now represents 11.4 % of the world activity of coins, catching up almost 12 % of Ethereum. Solana, long the dominant place of the same, slowed down, with daily volumes for Trump (Trump), And Cards (Cards) are well below new arrivals based on BNB.

BNB himself is the silent giant of this story. Since the start of the year, this is the most efficient major capitalization company, beyond Bitcoin and Bitcoin. and ether and return Tuesday to become the third largest token in the world in terms of market capitalization.

His break above $ 1,200 coincided directly with the frenzy of the same, suggesting a feedback loop while the higher prices of the BNB finance speculation on the same, which in turn generates more volumes, costs and visibility on the chain.

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