The market value of BUILDon, endorsed by WLFI, has reached 400 million USD. What other assets are worth paying attention to?

CN
2 days ago

Original|Odaily Planet Daily (@OdailyChina)

Author|Wenser (@wenser2010)

BUILDon's market value backed by WLFI reaches $400 million, what other targets are worth paying attention to?

Amidst widespread attention, the market value of B (BUILDon) has finally surpassed $400 million, becoming one of the most prominent projects in the BSC ecosystem.

After achieving milestones such as "Binance Alpha launch" and "WLFI holding tokens," the B token has continuously garnered attention and buying support from both Eastern and Western communities, thanks to factors like the AI concept, animal-themed memes, and backing from the BSC ecosystem.

For this project, which is currently rekindling the BSC meme coin sector, the next question to address is: Is there reasonable value support behind the B token? Can the B token maintain its upward momentum and break through the next key market value point? Odaily Planet Daily will provide a brief analysis of these two questions for readers' reference. The following content does not constitute investment advice; meme coins are highly volatile, so please act according to your own risk tolerance.

The "Angle Advantage" of the B Token: The First Binance Alpha & Meme Token Bought by WLFI?


On May 21, the B token, which focuses on the BSC ecosystem mascot concept, launched on Binance Alpha.

The next day, WLFI (World Liberty Fi), which has always focused on "Trump family crypto projects" and typically only buys mainstream value coins, announced that it had purchased some B tokens to support the project's development. This marks WLFI's first public announcement of purchasing Binance Alpha tokens.

It is worth mentioning that WLFI officially stated: "We like to see projects choose USD1 as their base (trading) pair - (this means) faster settlement, deeper liquidity, and daily growth. We hope to see more tokens convert." This explains why the B token has gained favor with WLFI—the answer lies in the fact that the B token supports USD1 trading settlement.

According to Arkham data, the B token currently ranks 12th in total value among WLFI's holdings, while EOS ranks 10th and ONDO ranks 11th, both of which are distinctly different mainstream value coins. Previously, EOS had announced that its token would be 1:1 swapped for A, leading to some jokes that perhaps WLFI's next purchase would be C. Of course, this is just a joke; the main reason is still WLFI's support for the development of its stablecoin project, USD1.

BUILDon's market value backed by WLFI reaches $400 million, what other targets are worth paying attention to?

WLFI's partial holding information

Regardless, the B token has opened up new possibilities for Binance Alpha tokens and BSC ecosystem meme coins: WLFI may continue to purchase suitable BSC ecosystem tokens in the future. After all, MGX previously invested $2 billion in Binance, primarily using USD1 as the stablecoin, which has inevitably created a strong binding relationship between WLFI, Binance, and the BSC ecosystem.

In a corner of the crypto market that few have noticed, the B token has already gained a certain first-mover advantage.

Other Value Support Behind the B Token: BSC Ecosystem Support, Considered "The Hope of the Whole Village"


Coincidentally, the B token is not a meme coin that appeared out of nowhere; it is a token launched on the BSC ecosystem meme coin platform, Four.meme.

Previously, Four.meme's official account had posted a tweet in April featuring the B token logo, with the caption: "Through the Meme forest, the final clue is waiting. The treasure-like fruits are abundant on the trees, and the path ahead is clear—the fully revealed future is just around the corner."

On May 11, Four.meme's official account announced the addition of USD1 trading pair support.

On May 15, the BNB Chain official account stated that BNB Chain now supports USD1 transfers with 0 gas fees; the B token official account quickly followed up, stating that it supports USD1 trading.

On May 17, the B token project official account announced a three-day BNB Chain USD1 trading competition in collaboration with Four.meme, with a total prize pool of up to $200,000, using USD1 as the settlement currency.

Soon, on May 18, the trading volume of the B/USD1 trading pair surpassed $28 million, accounting for 43% of the total trading volume of USD1. From then on, the ecosystem of USD1 as a stablecoin was further opened up—more crypto users are utilizing it, which is the core goal of stablecoins, whether this goal is achieved through early subsidies or meme coin trading; the methods may differ, but the purpose remains the same.

On May 21, the final results of this trading competition were announced, with the B/USD1 trading volume exceeding $277 million, accounting for 63% of the total trading volume of USD1. This led to the dramatic and historic moment of WLFI purchasing B tokens and openly expressing support.

In addition, the B token has also received strong support from crypto KOLs in the BSC ecosystem, with many viewing it as the hope for revitalizing BSC ecosystem meme coins, particularly represented by figures like "Hmm" and "Aussie Lion."

Other USD1 Concept Meme Coins Overview: CA, C, E

Currently, other meme coins related to the USD1 concept similar to the B token have also emerged. Here is a brief overview of the information:

CA: Four.meme Officially Takes Action Again

Four.meme's official account today posted to promote the token CA related to @Caila_AI. The project's main concept is intelligent infrastructure for geographic weather, spanning travel, maps, social, and lifestyle applications, with MCP technology supported by BNB Chain and the data layer supported by AI Nubila Network.

CA: 0x74da4c5f8c254dd4fb39f9804c0924f52a808318

Token Market Value: Currently reported at $15.28 million.

C: Glowing Frog Meme

A startup that has undergone multiple name changes, the project logo features a glowing frog that has recently appeared frequently in WeChat groups. The official account is @CroakOnBNB_CTO.

CA: 0xeef8e84e72fa65f4dd101231dacb322de8064444;

Token Market Value: Currently reported at $3.83 million.

E: American Spirit Eagle Sauce

The main concept is also a BSC mascot, with the project logo featuring the American eagle symbol. The official account is @bnb_eagle.

CA: 0x758309c0d1342e0d5a778b83cdcebaa3f4554444

Token Market Value: $4 million.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

欧易返20%,前100送AiCoin保温杯
链接:https://www.okx.com/zh-hans/join/aicoin20
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink