BlockBeats News, January 28th, according to GMGN monitoring, the BNB Chain "USD1 Trading Competition" ended on the 25th, and the list of winners was officially announced at 9 a.m. yesterday. The top three winners of this competition are Meme coin EGL1, memes, and "One".
According to the rules of the competition, after the results were announced, the BNB Chain Foundation has injected approximately $33,333 in liquidity into each of these three winning tokens, totaling $100,000. However, the additional $150,000 promised by WLFI for co-investment has not yet been seen on-chain or through official channels.
Due to the announcement of the list and the Foundation's purchases, related tokens experienced a slight uptick followed by a rapid decline in a short period, with a limited overall increase in the past 24 hours. It is worth noting that "One" has not yet been listed on Binance Alpha and has relatively weak liquidity. Specific information is as follows:
EGL1: 24-hour decrease of 0.09%, current market cap approximately $40.34 million, current price around $0.04;
memes: 24-hour decrease of 21%, current market cap approximately $9.57 million, current price around $0.009;
"One": 24-hour increase of 12.3%, current market cap approximately $6.27 million, current price around $0.006;
BlockBeats reminds users that Meme coin trading is highly volatile, mainly driven by market sentiment and hype, with no real value or use case. Investors should be aware of the risks.
