Meme Coin Market Resurgence? ‘Hakimi’, UB Protocol Lead Memecoin Rally, Smart Contract Vulnerabilities Emerge

BlockBeats News, April 23rd. Despite the downfall of RAVE, the "Meme Coin Market" on Binance Alpha seems to still exist, with high whale control coins remaining active. According to the GMGN data, today in the BSC ecosystem, meme coins "Hakimi" and PUP are leading the gains, both with over 60% in 24-hour price surge. It is worth noting that these two coins have maintained high volatility for multiple days but have not yet been listed on Binance.

On the other hand, coins that are already listed on both Alpha and Binance have also experienced some changes. UB and TAC saw a 40% surge today, and the funding rate indicates that the main funds are significantly bullish on these two coins. It is important to point out that, according to onchainschool.pro monitoring, an UB whale address has started to sell off in batches, and this address still holds tokens worth around $400,000.

New coins on Binance Alpha have shown divergent trends, with OPG plummeting after being listed on Binance and CHIP showing relative strength. CHIP surged this morning to $0.13 before retracing, currently trading at $0.107.

Following the flagship coin's "homecoming," the sustainability and strength of the Meme Coin Market are highly uncertain, and users should invest with caution.