BNB Chain season is coming? A list of projects and memes worth paying attention to

The wealth effect has come to BNB Chain.

On November 25, Binance Futures launched 1000 WHYUSDT and 1000 CHEEMSUSDT perpetual contracts. Both the Shiba Inu MEME Cheems with its own taunt buff on BNB Chain and WHY as the BSC MEME aggregation platform token have become the focus of market discussion. At the same time, Binance Labs announced its investment in BNB Chains re-staking infrastructure Kernel, further consolidating BNB Chains DeFi ecological layout. Two days later, Binance announced that it would launch Thena (THE) on November 27.

This representative DeFi project on BNB Chain not only attracted a large number of traders and ignited the markets discussion on the BNB Chain DeFi narrative, but also caused the prices of various native tokens and MEME on BNB Chain to rise due to its flywheel effect.

In the past few days, the transaction volume of BNB Chain has been on par with that of Base Chain, BNB Chain concept tokens have generally risen, and the liquidity of funds in the ecosystem has continued to rise. The discussion about BNB Chain season has heated up again, and the attractiveness of the ecosystem and market attention are continuing to increase.

In this article, BlockBeats has compiled which other projects on BNB Chain are worth paying attention to. This is not intended as investment advice. All market value and increase data are as of 22:00 on November 28, the time of writing.

AI MEME

Let’s talk about AI MEME on BNB Chain first. AI is a hot topic in the cryptocurrency circle recently, but the related MEME is still mainly on Solana and BASE chains. The popularity of this concept on BNB Chain is closely related to a tweet from Binance founder CZ. In the tweet, CZ mentioned: “AI tagging (or general AI data) is very suitable to be done on the chain. Leverage low-cost global labor, not affected by geographical bias, (micro) immediately paid in cryptocurrency. @BNBCHAIN Greenfield provides storage capacity. More tools still need to be built. Let’s build them.”

Although Defi OG Lao Lu also said not to think too much, the markets attention to AI MEME has indeed increased, and the increase in AI MEME has become a direct reflection of this.

$AICELL

Market cap: $20.28M

24-hour increase: 211.47%;

$AICELL is a BNB Chain-based AI project MEME coin and is also the winning project of the BNB Chain hackathon in the first quarter of 2024. As one of the AI MEME-themed projects currently hotly discussed in the community, it is considered to be an early project on the BNB Chain to test the waters in this track.

$NMT

Market cap: $37.6M

24-hour increase: 4.28%;

$NMT is the native utility token of NetMind.AI. As an AI project on BNB Chain, NetMind.AI owns NetMind Chain which adopts Proof of Authority (PoA) consensus mechanism, provides GPU computing power rental of various specifications and models, and has established strategic partnerships with many innovative AI companies.

The NetMind.AI team has a rich AI background. The founder, Kai Zou, graduated from Tsinghua University, has published many papers at top academic conferences, and has also collaborated with OpenAI researchers. This background enables NetMind.AI to connect with professional AI researchers and institutions. Currently, NetMind.AI has established academic partnerships with many world-renowned universities, including Tsinghua University, Cambridge University, University of Wisconsin-Madison, Shanghai Jiao Tong University, Huazhong University of Science and Technology, and Fudan University.

Related reading: NetMind.AI: Who says academics can’t do business? Tsinghua team creates the first decentralized AI full-stack model

MEME

Let’s talk about MEME on BNB Chain. Everyone is familiar with WHY and Cheems which are already on BN, so I won’t elaborate on them. Their current market capitalizations are $80M and $137M respectively.

$COOKIE

Market cap: $38M

24-hour increase: 54%

$COOKIE is the token of COOKIE(Dot)FUN, a popular AI Agents MEME data platform. The platform focuses on providing real-time market data related to AI Agents, including the market value, price changes, trading volume and other core indicator rankings of each AI agent. As a project that combines AI and MEME narratives, $COOKIE provides investors with an important window to observe the market dynamics of AI Agents.

COOKIE(Dot)FUNs unique positioning gives it certain advantages in the current AI + Crypto craze. With the continuous explosion of AI Agents projects, the market demand for data analysis platforms is increasing. $COOKIE, as the token of COOKIE(Dot)FUN, may play a role in the following aspects:

The platform may use $COOKIE tokens to incentivize users to participate in data uploading or analysis activities to further improve the content quality and data accuracy of the ecosystem; $COOKIE may be used as a community governance tool to allow token holders to participate in the development decisions of the platform; as the platform functionality increases, $COOKIE may be used in more scenarios, such as data subscriptions, unlocking analysis tools, and payment for customized services.

$BOB

Market cap: $19M

24-hour increase: 72%

$BOB, the full name of which is Building On BNB, is a MEME project based on BNB Chain. It has a light-hearted and humorous style but strong communication power. Its narrative revolves around the BNB Chain mascot and the community atmosphere is pretty good.

Bob was originally a meme in the comment section of YouTube. The image is a stick figure. Its largest spread began in 2013. At that time, YouTube required users to bind their Google+ accounts to comment, which caused dissatisfaction in the community. Many users protested by pasting ASCII art images of Bob to express their dissatisfaction with this change. Bob in the protests is usually equipped with Unicode patterns of military tanks or AK-47 rifles, expressing the communitys spirit of resistance.

$FOUR

Market cap: $3M

24-hour increase: 0.72%;

$FOUR is the native token of Four.Meme, a MEME issuance platform on BNB Chain. As a community-autonomous project, $FOUR is regarded as an important native IP MEME in the current BSC ecosystem because of its related attributes and humorous abstract style of CZ MEME.

Four.Meme mainly provides issuance support for MEME projects on BNB Chain, and is committed to promoting the development of more high-quality projects by empowering the BSC MEME ecosystem.

Previously, Four.Meme and Unamano (WHYPAD) reached a strategic cooperation. A support fund worth $30,000 was launched to provide support for Meme projects launched on the Four.Meme platform using $WHY. Although the current market value of $FOUR is not high, the ecological support and strategic cooperation behind it show that $FOUR still has great development potential.

DeFi Infrastructure

$THE

Market cap: $780M

24-hour increase: 27%

$THE is the native token of Thena, a DEX platform on BNB Chain. It is the first project launched by Binance after CZ was released from prison. The development of Thena is not only supported by users, but also forwarded and recognized by Binance founder CZ. Therefore, some communities suspect that this is a product made by BN, but the Thena team is indeed a wild European team. Related reading: Exclusive interview with THENA: How did the ve(3, 3) model pioneer change the DeFi landscape of BNBChain?

As a DEX platform based on the ve(3, 3) model, liquidity providers no longer directly receive distributions from transaction fees, but instead compensate liquidity mining income through additional token issuance. This means that Thena provides a more efficient liquidity solution for other projects and also attracts more funds and cooperation.

On the first day of listing on Binance, $THE’s trading volume exceeded $1 billion, surpassing mainstream crypto assets such as Dogecoin, Solana, and XRP in terms of trading volume. Currently, the 24-hour trading volume of DEXS on BNB Chain is second only to PancakeSwap, ranking second in the ecosystem.

$CAKE

Market cap: $1.17 B;

24-hour increase: 4%

$CAKE is the native token of the PancakeSwap platform. As the leading decentralized exchange (DEX) on BNB Chain, PancakeSwap not only covers the core functions of traditional DEX, but also becomes an important pillar in the BSC ecosystem through a rich product ecosystem and reward mechanism. PancakeSwaps initial functions were similar to Uniswap, focusing on trading and liquidity provision. But with the rapid expansion of the platform, it has gradually developed into a full-featured DEX on BSC, covering more diversified products and services.

According to Dune data, PancakeSwaps transaction volume has always ranked first on BNB Chain, far exceeding other DEXs, including Uniswap. The strong market performance and user base make PancakeSwap one of the most representative DeFi projects on BSC.

$LISTA

Market cap: $559M

24-hour increase: 15%

$LISTA is the native token of ListaDAO, which focuses on liquidity staking (LSD) and overcollateralized lending (CDP) and is the representative of the LSDFi protocol within the BNB ecosystem. ListaDAO, formerly known as Helio Protocol, received a $10 million investment from Binance Labs in August 2023, marking the projects successful transformation to liquidity staking.

The core mission of ListaDAO is to lower the threshold for participating in DeFi and provide users with more liquidity options and profit opportunities by supporting a variety of collateral and liquidity release tools. Related reading: What is ListaDAO, which has received investment from Binance and is openly planning airdrops?

Users can obtain ListaDAOs liquidity token slisBNB and overcollateralized stablecoin lisUSD by staking BNB, ETH and other assets. ListaDAO not only supports traditional collateral, but also launches a collateral innovation zone, introducing innovative assets such as Ether.fis weETH, StakeStones STONE and Renzos ezETH, and plans to expand to multi-chain ecosystems such as Ethereum in the future.

ListaDAO is also one of the important projects invested by Binance Labs. Its close cooperation with the BNB ecosystem gives it a significant advantage in the liquidity staking track. Cooperation with multiple platforms such as PancakeSwap, Thena Finance, and APX will continue to promote liquidity and user growth.

This article is sourced from the internet: BNB Chain season is coming? A list of projects and memes worth paying attention to

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