Original | Odaily (@OdailyChina）
Author | Wenser (@wenser 2010）
Under the spotlight, B (BUILDon) market value has finally broken through $400 million, becoming one of the most eye-catching projects in the BSC ecosystem.
After successively achieving milestones like "Binance Alpha listing" and "WLFI token holding", the B token has continuously gained attention and buying support from Eastern and Western communities, backed by AI concepts, animal-themed meme, and BSC ecosystem factors.
For this project that has reignited the BSC Meme token sector, the next questions to answer are: Does the B token have reasonable value support? Can the B token continue its upward momentum and break through the next market value key point? Odaily will provide a simple analysis of these two questions for readers' reference. The following content does not constitute investment advice, and meme tokens are highly volatile, so please invest within your means.
B Token's "Angle Advantage": The First Binance Alpha & Meme Token Bought by WLFI?
On May 21, the B token, which focuses on the BSC ecosystem mascot concept, was listed on Binance Alpha.
The next day, WLFI (World Liberty Fi), which has always been focused on the "Trump family crypto project" and typically only buys mainstream value tokens, immediately announced the purchase of some B tokens to support the project's development. This is also the first time WLFI has publicly announced buying a Binance Alpha token.
It's worth mentioning that WLFI officially stated: "We like to see projects choose USD 1 as their base (trading) pair - (meaning) faster settlement, deeper liquidity, growing daily. We hope to see more tokens convert." This explains why B token caught WLFI's attention - the answer is right on the surface, simply because B token supports USD 1 trading settlement.
According to Arkham data, in WLFI's current holdings, B token ranks 12th in total value, in comparison, EOS is 10th, and ONDO is 11th, all being mainstream value tokens with vastly different styles. Since EOS previously announced that tokens would be 1:1 replaced with A, some people jokingly suggested that WLFI's next token purchase might be C. Of course, this is just a joke, and the main reason is WLFI's support for its stablecoin project USD 1.
Part of WLFI's holdings
Regardless, B token has further opened up the imagination space for Binance Alpha tokens and BSC ecosystem Meme tokens: WLFI may continue to buy suitable BSC ecosystem tokens. After all, MGX previously invested $2 billion in Binance, mainly using USD 1 stablecoin, and to some extent, as a Trump family crypto project, WLFI's strong binding with Binance and the BSC ecosystem has become inevitable.
In a crypto market corner that few pay attention to, B token has already gained a certain first-mover advantage.
Other Value Supports for B Token: BSC Ecosystem Support, Considered the "Hope of the Entire Village"
Coincidentally, B token is not a Meme token that appeared out of nowhere, but was launched on the BSC ecosystem Meme token launchpad Four.meme.
Previously, Four.meme officially posted a tweet in April with an image containing the B token LOGO, with the text "Crossing through the Meme forest, the final clue is waiting. Fruits are abundant on the trees, the path ahead is clear - the fully revealed future is just around the corner".
On May 11, Four.meme officially announced support for USD 1 trading pair.
On May 15, BNB Chain officially stated that BNB Chain now supports USD 1 0 gas fee transfers; B token immediately followed up to support USD 1 trading.
On May 17, B token project officially announced a three-day BNB Chain USD 1 trading competition with a total prize pool of $200,000, settled in USD 1.
Soon, on May 18, the B/USD 1 trading pair volume broke through $28 million, accounting for 43% of USD 1's total trading volume, thereby further opening up the USD 1 stablecoin ecosystem - with more crypto users using it, this is the core goal of stablecoins, regardless of whether this goal is achieved through early subsidies or Meme token trading, the methods differ, but the purpose is the same.
On May 21, the final results of this trading competition were announced, with B/USD 1 trading volume breaking $277 million, accounting for 63% of USD 1's total trading volume, which led to the dramatic and historic moment of WLFI buying B tokens and publicly supporting them.
Additionally, B token has received strong support from BSC ecosystem crypto KOLs, with many viewing it as the hope for reviving BSC ecosystem Meme tokens, particularly represented by figures like Enheng and the Australian Big Lion Brother.
Other USD 1 Concept Meme Tokens: CA, C, E
Currently, other Meme tokens related to the USD 1 concept similar to B token have emerged, here's a brief overview:
CA: Four.meme Strikes Again
Four.meme officially posted today to promote the @Caila_AI related token CA, with a concept focusing on geographical weather intelligent infrastructure, spanning travel, maps, social and lifestyle applications, MCP technology supported by BNB Chain, and data layer supported by AI Nubila Network.
CA: 0x74da4c5f8c254dd4fb39f9804c0924f52a808318
Token Market Cap: Temporarily reported at $15.28 million.
C: Glowing Frog Meme
A startup that has been renamed multiple times, with a project LOGO of a glowing frog frequently appearing in WeChat groups, official account is @CroakOnBNB_CTO.
CA: 0xeef8e84e72fa65f4dd101231dacb322de8064444;
Token Market Cap: Temporarily reported at $3.83 million.
E: American Spirit Eagle
The concept is also a BSC mascot, with a project LOGO of the American eagle emblem, official account is @bnb_eagle.
CA: 0x758309c0d1342e0d5a778b83cdcebaa3f4554444
Token Market Cap: $4 million.
