BlockBeats News, January 21st, according to GMGN monitoring, today's newly launched Meme coin "memes" saw a significant surge after opening. The token has deployed a USD1 liquidity pool, qualifying for the BNB Chain's "USD1 Trading Contest." Its current market value has reached 23 million USD, with a price of approximately $0.023, entering the top three of the contest's market value rankings and leading the 24-hour trading volume list.
According to monitoring, the 10-day "USD1 Trading Contest" on BNB Chain has reached the sixth day. Based on the latest rankings, the top three Meme coins by market value are: EGL1, CDL, and "memes," with market values all exceeding 20 million USD. The newly surging Meme coin BIG DON and "An" previously opened are currently ranked fourth and fifth by market value.
It is reported that the top three of this trading contest will receive multiple incentive supports. The competition is not limited by the token creation time. The required USD1 trading pairs mainly include: projects created on Four meme using USD1 as the base token or other Four meme projects with active USD1 liquidity pools.
BlockBeats reminds users that Meme coin trading is highly volatile, heavily reliant on market sentiment and hype, without actual value or use case. Investors should be aware of the risks.
