WLFI-backed BUILDon has a market capitalization of $400 million, what other targets are worth paying attention to?
Original|Odaily Planet Daily (@OdailyChina)
Author|Wenser(@wenser 2010
)
midst of all the attention, the market capitalization of B (BUILDon) finally exceeded 4 billions of dollars, becoming one of the brightest projects in the BSC ecosystem.
After successively achieving achievements such as "Binance Alpha Launch" and "WLFI Holding Token", B Token has continued to gain attention resources and buying support from the Eastern and Western communities by virtue of factors such as AI concepts, animal memes, and BSC ecological blessings.
For this project, which is now re-inspiring the BSC meme coin sector, the next question that needs to be answered is: Is there a reasonable value behind the B token? Will the B token be able to continue its upward momentum and break through the next key point in market cap? Odaily will give a brief analysis of the above 2 questions in this article for readers' reference. The following does not constitute investment advice, Meme coins fluctuate greatly, please do what you can.
The "Angle Advantage" of B Tokens: The First Binance Alpha & Meme Token Bought by WLFI?
On May 21, the B token, which focuses on the concept of BSC's ecological mascot, was listed on Binance Alpha.
The next day, WLFI (World Liberty Fi), which has always been based on the concept of "Trump family crypto projects" and has always only bought mainstream value coins, immediately announced that it would buy part of B tokens to support the development of the project. This is also the first time that WLFI has publicly announced the purchase of Binance Alpha tokens.
It's worth mentioning that WLFI officially mentioned: "Love to see projects choose USD 1 as their base (transaction) pair - (which means) faster settlements, deeper liquidity, and growing every day." We would like to see more tokens converted. This also explains why Token B is favored by WLFI – the answer lies in the mystery because Token B supports USD 1 transaction settlement.
According to Arkham data, among WLFI's current holdings, B token ranks 12th in total value, compared to EOS in 10th place and ONDO in 11th place, both of which are mainstream coins with different styles of value. Since EOS has officially announced that the token will be replaced by A at 1:1, many people have ridiculed that perhaps the next token to be bought by WLFI is C. Of course, this is a joke, but 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 further opens the ceiling of imagination space for Binance Alpha token and BSC ecological meme coin: WLFI may still buy suitable BSC ecological tokens in the future. After all, MGX previously invested $2 billion in Binance, and the main stablecoin used was USD 1, to some extent, as a Trump family crypto project, WLFI's strong binding relationship with Binance and the BSC ecosystem has become inevitable.
In the lesser-noticed corners of the crypto market, the B token has already gained a certain first-mover advantage.
Other value support behind the 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 was born out of nowhere, but a token released on the BSC ecological meme coin launch platform Four.meme.
Previously, Four.meme officially posted a tweet with the B token LOGO in April, with the caption "Through the meme forest, the final clue is waiting." The tree is full of treasures, and the road ahead is clear – the future that is fully revealed is only a short way away."
On May 11, Four.meme officially announced the addition of support for the USD 1 trading pair.
On May 15, BNB Chain officially announced that BNB Chain now supports USD 1 0 gas fee transfers. The B token official immediately followed suit and indicated that it supported USD 1 trading.
On May 17, the B token project officially announced that it and Four.meme jointly launched a three-day BNB Chain USD 1 trading competition, with a total prize fund of up to $200,000, 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 trading volume of USD 1.
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 overall trading volume of USD 1.
In addition, the B token has also received strong support from BSC ecological crypto KOLs, and many people regard it as the hope for the revitalization of BSC's ecological meme coin, especially represented by Um-hum, Tuao Big Lion Brother and others.
Other USD 1 Concept Meme Coin Inventory: CA, C, E
At present, other Meme coins similar to the B token of USD 1 related concepts have also appeared, and the following is a brief information inventory:
CA: Four.meme official resale
Four.meme officially released a post today to promote the @Caila_AI-related token CA, the main concept of the project is geo-weather smart infrastructure, spanning travel, maps, social and lifestyle applications, MCP technology is powered by BNB Chain, and the data layer is powered by artificial intelligence Nubila Network.
CA: 0x74da4c5f8c254dd4fb39f9804c0924f52a808318
Token Market Cap: Tentatively reported $15.28 million.
C: Glowing Frog Meme
has changed its name many times, and the project LOGO is the glowing frog that has frequently appeared in WeChat groups recently, and the official account is @CroakOnBNB_CTO.
CA：0xeef8e84e72fa65f4dd101231dacb322de8064444；
Token Market Cap: Tentatively quoted at $3.83 million.
E: The main concept of the American spirit of Eagle Sauce
is also the BSC mascot, the project logo is the American Eagle logo, and the official account is @bnb_eagle.
CA: 0x758309c0d1342e0d5a778b83cdcebaa3f4554444
Token Market Cap: $4 million.