The day before yesterday, Binance launched the "Rebirth Support" plan and distributed the first batch of "Rebirth Support" airdrops yesterday, which undoubtedly provided another good topic for meme players on BSC.

However, a "diversion" incident caused a quarrel among players.

The "Rebirth" coin, which first garnered consensus among players and emerged, had a contract address ending in "4444." As the candlestick chart below shows, the "Rebirth" coin with a contract ending in "4444" began to rise after its successful launch, reaching a peak market capitalization of over $15 million.

About 8 hours later, another "reborn" coin, whose contract number started with "4444", was also successfully launched. It rose rapidly in the next 2 hours, with its highest market value exceeding 12 million US dollars at one point.

During the rapid rise of the new "Rebirth" coin, the OG "Rebirth" coin suffered a heavy blow, falling by more than 50% at one point. At this time, a tweet by KOL Li Ping supporting the new "Rebirth" coin made him the target of criticism from players:

Soon, another KOL Chenpepe, who supports OG’s “Rebirth” coin, criticized this “diversion” behavior:

"Diversion" situations have occurred in the cryptocurrency world before, such as the uppercase and lowercase Neiro and CZ's dog "Broccoli." But this time, returning to yesterday's environment, Binance was still at the center of public opinion, being "sieged" by a large number of players, and the BSC meme market was not as hot as before. In addition, the OG "Reborn" coin had previously reached a peak market capitalization of $15 million through spontaneous consensus. In this context, the sudden surge in the new "Reborn" coin and the emergence of KOLs on the platform made it difficult for players who supported the OG "Reborn" coin to believe that the rise of the new "Reborn" coin was a spontaneous consensus migration rather than a conspiracy.

If these two coins had launched simultaneously and successfully migrated to the foreign market to compete, players wouldn't be so emotional. Many players believe that if a highly influential KOL, bullish on a particular theme and financially stronger than many ordinary players, joins the fray and helps drive market capitalization higher, what's the point? Even if two coins initially share the same theme and ticker, competing on the same starting line is at least relatively fair.

Last night, gmgn.ai founder @haze 0x also expressed his views, saying that the practice of "diversion" should be opposed:

Li Ping, a KOL involved in the controversy, responded this morning, stating that he initially bought both coins, but later switched to supporting the new "Rebirth" coin, and reiterated his support for the new "Rebirth" coin:

Currently, the market capitalization of the new "Reborn" coin is approximately US$4 million, and the market capitalization of the OG "Reborn" coin is approximately US$3.7 million.

With CZ's tweet supporting Chinese tickers and rumors that Binance is testing Chinese ticker contracts, Chinese ticker tokens in the BSC meme market are starting to pick up steam. The turmoil among "reborn" coins is unlikely to fade quickly, but will continue with the potential arrival of a second wave of Chinese ticker activity.