Source: Cointelegraph Original: "{title}"

While the market is still debating whether the BSC (BNB Chain) ecosystem can maintain its momentum, a set of data has already provided an answer—since mid-March, the daily trading volume on DEXs in BSC has consistently outperformed other mainstream public chains like Solana, Ethereum, and Base. As of 5 PM on March 24, the trading volume of BSC ecosystem DEXs in the last 7 days reached $14.33 billion, surpassing Ethereum ($9.535 billion) and Solana ($7.678 billion), ranking first.

Public chain DEX trading volume over the past week. Source: DeFiLlama 

In this on-chain boom triggered by the Meme craze, the BSC ecosystem is undergoing a disruptive transformation: DEX trading volumes, represented by PancakeSwap, continue to soar, while Meme projects have become the new favorites in the market, driven by community power and capital inflow.

Four.meme data. Source: Dune

Since the CZ concept coin MUBARAK exploded in popularity in mid-March, Meme projects on BSC have rapidly risen to become market hotspots. The BSC official launched a $4.4 million liquidity support initiative for Meme coins to attract, maintain, and expand traffic. According to data displayed on the Four.meme official website, the projects with the highest market capitalization and trading volume are primarily centered around He Yi and CZ, which aligns with the positioning of "Meme."

The ancestor of Meme coins, Dogecoin (DOGE), has reached its current status largely due to Musk's continuous "shilling," manipulating the coin price through obscure tweets and changing pinned tweets, even leading to the emergence of zoo meme coins (SHIB, BONK, FLOKI). Similarly, Trump meme coins (MAGA, TRUMP) also follow the same "madman" operation, while the current wave of wealth creation from Memes in the BSC ecosystem is triggered by the interactions, posts, and purchases of He Yi and CZ.

Successful cases of the MUBARAK project on BSC are continuously emerging, generating significant wealth effects. Some early investors in Meme projects have received high returns, and this wealth effect has attracted more people hoping to seize the opportunity, creating a FOMO mentality that further drives the popularity and trading volume of Meme projects.

Current market observations indicate that while the activity in the BNB Chain ecosystem shows a short-term explosive trend, industry insiders still have doubts about its sustainability. Notably, the traffic aggregation of Meme coins within the platform shows a clear differentiation: the first tier, represented by founder-associated projects (such as Broccoli, Mubasha), relies on the social media influence of CZ and He Yi for strong exposure; while the second tier projects (such as BUBB and AI-themed tokens) capture community sentiment or technical hotspots to gain potential interaction opportunities.

Against the backdrop of tightening overall market liquidity, the narrative innovation in the BNB ecosystem has indeed created a localized siphoning effect. Data shows that some early participants have realized profits and exited through new issuance mechanisms, while more investors are taking a cautious approach, waiting for clearer trends. It is worth noting that assets driven by community sentiment often exhibit cyclical volatility characteristics, and their sustained popularity is constrained by the operational strategies of the platform and closely related to the macro market environment. The dynamic changes in on-chain interaction data over the next week may become a key indicator for assessing the continuity of this market trend.

Related: CZ's dog name sparks a crazy wave in the "Broccoli" meme coin market.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。