Original | Odaily Planet Daily ( @OdailyChina )

By Golem ( @web3_golem )

The market does not want people in the cryptocurrency circle to have a peaceful National Day holiday. The US government shutdown and Bitcoin's new high may not make you clearly feel that you have missed something, but if you missed the Mid-Autumn Festival outbreak of the BSC chain Meme, you will really be anxious.

Under CZ’s call, three popular meme coins have been born on the BSC chain in recent days, namely: Binance Life, PALU and 4.

Meme Coin 4, deployed on October 1, currently has the highest market value of $250 million. PALU is a community mascot that has been retweeted many times by Binance officials and CZ. Due to its unexpected listing on Binance Alpha on October 7, its market value rose from approximately $3 million to $60 million, a 2000% increase in one hour.

However, from the perspective of popularity and attention, Binance Life currently has the greatest influence. This meme originated from the "Apple Android Theory" of Chenfeng, a popular internet celebrity account that was blocked on Douyin. It compared Binance to the "Apple" of the cryptocurrency circle and created the community hot meme of "Drive a Binance car, live in a Binance community, and enjoy Binance life."

At 6:00 PM on October 7th, Binance Life successfully launched on Binance Alpha, becoming the first Chinese meme to be listed on Binance Alpha and the highest-valued Chinese meme coin ever. Its market capitalization soared from $0 to a peak of $150 million in just three days. With the launch of Binance Life on Binance Alpha, the "Binance + xx" Chinese meme coin has truly blossomed on-chain. Binance employees, the Binance team, Binance bulls, the Binance model, the Binance community, the Binance mindset, the Binance era, the Binance spirit...

In addition to the "ambiguous interaction" between CZ and He Yi, the leaders on the chain also contributed greatly to the influence and achievements of Binance Life today.

The leading players on the chain reunited, with a floating profit of over $6 million

In the meme world, on-chain leaders hold immense appeal. On the one hand, they can indeed generate substantial buying power, and on the other, their influence can further propel meme coins. However, as the meme market evolves and matures, many of the Trump-era on-chain leaders have abandoned or reduced their public on-chain operations. However, Binance Life has seen a rare gathering of these prominent figures in the Chinese-language community, including 0xSun, Leng Jing, Wang Xiaoer, Shenzhen University's top student, and Laser Cat.

According to GMGN data, Leng Jing bought a total of US$75,000, holding 1.23% of the position, with a current floating profit of over US$1.65 million and no sales; Wang Xiaoer bought a total of US$171,000, holding 1.19% of the position, with a current floating profit of over US$1.54 million and no sales; Shenzhen University Gaocaisheng bought a total of US$1,920, holding 1.13% of the position, with a current floating profit of over US$1.53 million and no sales; 0xSun bought a total of US$251,600, holding 0.39% of the position, with a current floating profit of over US$300,000 and no sales.

As shown in the chart above, the top five blockchain makers currently have a combined floating profit of over $6 million . However, those who haven't made that much shouldn't worry too much. With on-chain liquidity at only around $500, floating profits are currently just that. Nevertheless, the on-chain boom is reminiscent of the meme-fueled bull run earlier this year, except that Solana was the main player back then, while Binance and BSC have now become the new players.

Binance Life Sparks Chinese Meme Trend

This isn't the first time Chinese meme coins have exploded in popularity. Solana has previously seen several waves of Chinese meme crazes, including Spring Festival Gala mascots, the Nezha (Mowan) movie IP, and the Black Myth Wukong IP. However, these memes have been short-lived and have low market capitalization. Besides their narrow narratives, another key factor is that, in the eyes of most investors, Chinese memes are virtually impossible to list on CEXs and gain greater liquidity.

Because the "Binance Life" meme is closely associated with Binance, and has been repeatedly addressed and referenced by CZ and He Yi, some steadfast optimists believe it is highly likely to be launched on Binance Alpha. As expected, Binance Alpha launched "Binance Life," and its market capitalization exceeded $100 million. More importantly, it dispelled the common investor perception that Binance would not, or could not, launch Chinese memes.

As the first Chinese meme coin to be listed on Binance, "Binance Life" successfully broke the ceiling for Chinese meme coins, sparking a complete and global Chinese meme craze on BSC. The community also joked that in the past, Chinese people could only buy foreign "junk," but now they are expected to take over the Chinese meme market.

The huge wealth effect of "Binance Life" has made overseas Meme communities salivate, and they all want to integrate into the Chinese community. The well-known overseas KOL Ansem also posted a message asking to join the BSC Chinese community.

Some overseas smart money and meme players finally thought of monitoring the wallets of the Chinese chain on Chetou, and asked about it on Twitter.

Foreigners ask for the wallet address of Chinese KOLs

In recent days, the cryptocurrency community has made outstanding contributions to spreading Chinese culture and the influence of the Chinese language...

Binance stands in the heart of the bull market

It's undeniable that Binance is poised for a bull market in 2025. The sooner we realize this, and the sooner we follow CZ and He Yi's lead, the sooner we'll start making money. Binance's position as the world's largest crypto liquidity hub, its founders' unparalleled crypto IP power, its exceptional product and market operations, its positive impact on the public good, and its focus on community trends have all enabled it to thrive in this bull market, achieving significant success in the wallet market, L1, and Prep DEX.

Binance Wallet was launched at the end of last year and was controversial when it first went online. However, since the launch of Binance Alpha, Binance Wallet has now firmly ranked first among crypto wallets in terms of transaction volume and user activity. According to Dune data , Binance Wallet has occupied 90% of the crypto wallet market share.

Under the leadership of Binance founder CZ, BSC has flourished this year, particularly in the meme coin space. Solana's competitor, not Ethereum, is BSC, a testament to CZ and BSC's high standards. According to DeFiLlama data , BSC's 24-hour DEX trading volume surpassed Solana's, reaching $4.141 billion, making it the largest on the network. Furthermore, BSC's 24-hour fees surpassed Tron's, reaching $2.48 million, maintaining its top position on the network.

In the Prep DEX field, Aster, which was highly praised and highly expected by CZ, directly created a round of Prep DEX market. The transaction volume and revenue of Aster platform once surpassed Hyperliquid to become the leader of Prep DEX.

It is precisely because of Binance's continued success, and its reputation and brand power continue to grow, that the community has used Douyin influencer Hu Chenfeng's "Apple vs. Android Theory" on Binance (odaily note: "Apple vs. Android Theory" refers to the blogger attributing all excellent, elite, and superior things to Apple, and inferior, cheap, and bad things to Android).

But just as Hu Chenfeng's popularity backfired after his breakout, Binance's influence is becoming increasingly "invincible," and meme coins and projects with a clear Binance logo and symbol receive more resources. This can ultimately backfire. A few years ago, the Ethereum ecosystem collectively embraced Vitalik Buterin, creating a seemingly prosperous startup, only to see Ethereum fall apart. Now, with the entire cryptocurrency community trending towards Binance/CZ startups, will Binance eventually face a similar backlash? And when that happens, how will Binance navigate this situation?