Original | Odaily Planet Daily ( @OdailyChina )
Author: Wenser ( @wenser 2010 )
Under the watchful eyes of the public, the market value of B (BUILDon) finally exceeded US$400 million, becoming one of the most eye-catching projects in the BSC ecosystem.
After achieving successive achievements such as Binance Alpha launch and WLFI holding tokens, B tokens have continued to gain attention resources and buying support from Eastern and Western communities thanks to factors such as AI concepts, animal memes, and the support of the BSC ecosystem.
For this project that is now taking on the main role of the BSC Meme coin sector, the next question to be answered is: Is there a reasonable value support behind the B token? Can the B token continue its upward momentum and break through the next key market value point? Odaily Planet Daily will briefly analyze the above two questions in this article for readers reference. The following content does not constitute investment advice. Meme coins fluctuate greatly, so please act within your means.
B Token’s “Angle Advantage”: The First Binance Alpha Meme Token Bought by WLFI?
On May 21, the B token, which features the BSC ecological mascot concept , was launched on Binance Alpha .
The next day, WLFI (World Liberty Fi), which has always used the Trump family crypto project as its main concept and has always only bought mainstream value coins, immediately announced that it would support the development of the project by buying some B tokens. This is also the first time that WLFI has publicly announced the purchase of Binance Alpha tokens.
It is worth mentioning that WLFI officials mentioned: I like to see projects choose USD 1 as their base (trading) pair - (which means) faster settlement, deeper liquidity, and growing every day. We hope to see more tokens converted. This also explains why the B token is favored by WLFI - the answer is on the surface, just because the B token supports USD 1 transaction settlement.
According to Arkham data , among WLFI’s current holdings, B token ranks 12th in total value. In comparison, EOS ranks 10th and ONDO ranks 11th, both of which are mainstream coins with different styles. Since EOS has officially announced that the token will be replaced with A at a 1:1 ratio , many people have joked that the next token WLFI will buy is C. Of course, this is a joke, and the main reason is that WLFI supports the development of its stablecoin project USD 1.
WLFI partial position information
But in any case, the B token has further opened up the ceiling of imagination for Binance Alpha tokens and BSC ecological Meme coins: WLFI may still buy suitable BSC ecological tokens in the future. After all, MGX previously invested $2 billion in Binance, and the main stable currency used was USD 1. To some extent, as a Trump family encryption project, WLFIs strong binding relationship with Binance and BSC ecology has become inevitable.
In a little-noticed corner of the crypto market, B Token has already gained a certain first-mover advantage.
Other value supports behind B Token: BSC ecological support, which can be called the hope of the whole village
Coincidentally, the B token is not a Meme coin that suddenly appeared, but a token released on Four.meme, the BSC ecosystem Meme coin launch platform.
Previously, Four.meme officials released a tweet with the B token LOGO in April , with the caption Walking through the Meme Forest, the final clue is waiting. The trees are laden with treasure-like fruits, and the way forward is clear - a fully revealed future is not far away.
On May 11, Four.meme officially announced the addition of support for USD 1 trading pairs.
On May 15, BNB Chain officially announced that BNB Chain now supports USD 1 0 gas fee transfers; B Token officials quickly followed suit, indicating support for USD 1 transactions.
On May 17, the B Token project officially announced that it would jointly launch a three-day BNB Chain USD 1 trading competition with Four.meme officials, with a total prize of up to 200,000 US dollars, with USD 1 as the settlement fund.
Soon, on May 18, the trading volume of the B/USD 1 trading pair exceeded 28 million US dollars , accounting for 43% of the overall USD 1 trading volume. Since then, the ecosystem of USD 1 as a stable currency has been further opened up - more crypto people use it, which is the core goal of stable currency. Whether this goal is through early subsidies or Meme coin transactions, the means are different, but the purpose is the same.
On May 21, the final results of the trading competition were released, and the trading volume of B/USD 1 exceeded 277 million US dollars, accounting for 63% of the total trading volume of USD 1. Since then, there has been a dramatic and historic scene in which WLFI bought B tokens and openly expressed its support.
In addition, the B token has also received strong support from BSC ecosystem crypto KOLs. Many people regard it as the hope for the revitalization of the BSC ecosystem Meme coin, especially those represented by Umheng, Tuao Dashixiong and others.
Other USD 1 concept meme coins: CA, C, E
Currently, other meme coins with USD 1-related concepts similar to B Token have also appeared. The following is a brief summary of their information:
CA: Four.meme officials take action again
Four.meme officially released a post today to promote @Caila_AI’s related token CA. The main concept of the project is geo-weather smart infrastructure, spanning travel, maps, social and lifestyle applications. The MCP technology is supported by BNB Chain, and the data layer is powered by artificial intelligence Nubila Network. Provide support.
CA: 0x74da4c5f8c254dd4fb39f9804c0924f52a808318
Token market value: temporarily reported at US$15.28 million.
C: Glowing Frog Meme
This is a startup that has changed its name several times. Its project logo is the glowing frog that has frequently appeared in WeChat groups recently. Its official account is @CroakOnBNB_CTO .
CA: 0xeef8e84e72fa65f4dd101231dacb322de8064444;
Token market value: temporarily reported at US$3.83 million.
E: American Spirit Eagle Sauce
The main concept is also the BSC mascot, the project logo is the American eagle logo, and the official account is @bnb_eagle .
CA: 0x758309c0d1342e0d5a778b83cdcebaa3f4554444
Token market value: $4 million.
