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CZ heralds memecoin season on BNB Chain

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Activity linked to memecoins is surging on BNB Chain. According to Dune, users of the Four.meme platform have created more than 10,000 new tokens in the past 24 hours.

Binance founder Changpeng Zhao (CZ) declared the start of memecoin season.

“BNB memecoin season. I didn’t expect this at all. And people keep asking me to predict the future. Keep building!” — he wrote.

Amid the frenzy, the Four.meme ecosystem has already surpassed Pump.fun on Solana by fee revenue.

Источник: DeFi Llama

Daily trading volume on decentralised exchanges in BNB Chain has topped $6bn — the blockchain now leads by that metric. The network also leads by active addresses, at 2.5m.

Источник: DeFi Llama.

Over the past 24 hours the network’s TVL rose nearly 4% — to $9.2bn.

A researcher going by BroLeonAus also noted sizeable transfers of liquidity into BNB Chain from other networks.

A memecoin boom on BNB Chain

At the time of writing, 19 of the 20 trending tokens on aggregator DEX Screener belong to the BNB Chain ecosystem.

Источник: DEX Screener

Leading the frenzy is a coin with the ticker 客服小何 — its market capitalisation has already exceeded $349m. Over the day the memecoin surged by more than 100%.

In second place by market value is the token 4 at $212m (+38% in 24 hours). The asset was created based on a viral photo of CZ showing four fingers.

Analysts at Bubblemaps noted that more than 100,000 traders have bought into new BNB Chain memecoins, with roughly 70% in profit.

By their tally, one wallet made more than $10m, and 40 addresses booked over $1m.

According to Lookonchain, one user turned $3,500 into $7.9m in three days by trading tokens 币安人生. The return came to 226,000%.

Similarly, another trader made $1.6m in profit after initially putting $5,756 into a memecoin.

The frenzy around CZ-linked memecoins is not new. In February, Zhao told the community about his Belgian Malinois named Broccoli — soon the market was flooded with tokens named after it.

The Binance founder had previously been sceptical of memecoins, calling them “weird”. He had urged the market to focus on building applications with real value.

A new $1bn fund

On 8 October, the former Binance Labs unit — YZi Labsannounced a $1bn fund. The capital will go to supporting developers on BNB Chain.

According to the announcement, the programme will provide ecosystem participants not only with financing but also access to various tools. The company expects the initiative to reach at least 460,000 users.

Priority areas include DeFi, artificial intelligence, RWA, DeSci, payment solutions and wallets.

On 7 October, BNB reached $1,300 and overtook XRP by market capitalisation. As the token rallied, CZ’s net worth surpassed $89bn.

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