BSC On-chain Meme Market Witnesses "Cutting the Fat," as Most KOLs Liquidate Holdings of Recent Popular Memes

BlockBeats News, November 5th, according to GMGN monitoring, due to the recent market volatility, the overall attention and funds on the BSC chain have experienced a partial decline. Most crypto KOLs (such as Wang Xiao'er, 0xSUN, etc.) have recently significantly reduced their holdings of popular Meme coins since October. In addition, only a few high-market-value memes such as "Binance Life," "Hakimi," and "GIGGLE" have been partially retained by some KOLs, while the majority of Meme coins have been sold off.

BlockBeats reminds users that meme coin prices are highly volatile, and users should invest cautiously.