Original | Odaily (@OdailyChina)
Author | Nanzi (@Assassin_Malvo)
On February 6, the test token TST that appeared in the four.meme platform demonstration video was discovered by the market. However, as the concept of "demonstration coins" had appeared multiple times on Solana before, the market did not pay too much attention, and the market value briefly reached $5 million before returning to zero.
At 8 pm on the 6th, CZ specifically responded to the TST token, pointing out that the token was not issued by the team and they did not hold the token, and attached the token purchase link, and the market began to FOMO, with the market value once exceeding $50 million.
On February 7, due to the lack of new news and actions, TST briefly fell back to $10 million. However, the subsequent development was completely beyond the market's expectation, Binance Alpha listed TST, CZ posted again, Binance launched TST spot and contract—Binance pushed TST to a climax at an unprecedented speed, and as of the time of writing, the token's market value has reached a maximum of $520 million.
During the TST boom, the BSC ecosystem was also ignited, and many old coins related to BSC were also pulled up. This article will review the market, sorting out which sectors are being speculated on and their performance.
Secondary Market
BNX
Current market value: $122 million
Background concept: The four.meme platform was actually incubated by the BinaryX team. In September 2024, BinaryX announced a brand rebranding to Four, but it has not been implemented so far, and the four.meme platform does not have a platform token, so BNX is considered a platform token concept and has been speculated.
CAKE, BAKE
Current market value: $540 million, $420 million
Background concept: PancakeSwap is the largest exchange on BSC. BAKE is the token of BakerySwap, which is also part of the BSC ecosystem.
Binance Alpha
The top 10 BSC tokens on Binance Alpha by 24-hour trading volume are shown in the above image, of which the top five are:
BOB
Current market value: $9.96 million
Background concept: A concept-type Meme token derived from Binance Official Twitter's frequent mentions of "Build On Bnb" in tweets.
KOMA
Current market value: $30.67 million
Background concept: KOMA is a community-driven Meme token, and it also has the concept of being the "son of SHIB".
BANANA
Current market value: $47.76 million
Background concept: A pure Meme token, but with a clear strong background and linkage with multiple BSC applications and project parties. It also received investment from four.meme on February 9.
CGPT
Current market value: $150 million
Background concept: The token of the AI project ChainGPT.
MONKY
Current market value: $40.53 million
Background concept: A Meme token created by the FLOKI project party, with Wintermute and DWF Labs as market makers.
Four.meme Offspring
Queen YI, CZ
Current market value: $2.3 million, $1 million
Background concept: Concept-based unofficial tokens.
binancedog
Current market value: $1.21 million
Background concept: The first Meme token that exploded on the four.meme platform, with a historical high market value of over $10 million.
cakedog
Current market value: $520,000
Background concept: The first Meme token on PancakeSwap SpringBoard, a pump platform launched by Pancake, with a historical high market value of $7 million.
