BNB record brought the meme coin craze to BSC: Increased by 180 percent

The fact that BNB, the Binance exchange's own token, broke a new record last night seems to have highlighted the meme coins on Binance Smart Chain. It is also noteworthy that 5 wallets turned to the meme coin called WHY on BSC. The coin has risen 181% since yesterday.

It seems that the first half of 2024 will be remembered as the “meme coin period” for many years to come. Solana-based BONK, WIF and BOME and Ethereum-based #PEPE , FLOKI and MEME have made their mark this year so far.

However, even though the first half of the year has been completed, the interest in meme coins does not seem to have decreased. Finally, Binance's own token, #BNB , making a new ATH may have made the BSC network the new address of traders. As it is known, payments for the network are made with BNB. Therefore, the meme coins here are also purchased with BNBs.

Findings from on-chain tracking firm Lookonchain showed that 5 major #BSC wallets purchased the meme coin called WHY. 5 wallets received a total of 779 #BNB (approximately 534 thousand dollars) and 14.9 trillion WHY tokens. The total value of these meme tokens increased to 1.3 million dollars in a short time. The rise of the meme token called #WHY since the night hours has reached 181%.

The rise of the coin, which was released in April, in the last month has exceeded 500%.

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