Liquidity rotates from Solana this past week to BNB as its native token hits $1,300, CZ hypes, and a slew of Chinese‑themed meme coins take over.
Introduction
Move over Bitcoin, it’s BNBtober! BSC‑based meme tokens are currently on fire, turning Uptober into a gold rush for meme coin traders.
Additionally, BNB Chain has become the new home for explosive meme coins, a “meme coin goldmine,” as tokens linked to Binance and its outspoken founder, Changpeng Zhao (also known as CZ), are pumping.
The FOMO was so bad that it even had OGs like Frank DeGods posting in Chinese.
The real alpha? Watch out for CZ’s X tweets, and you could potentially snipe the next big meme coin (not financial advice!).
Meanwhile, Bitcoin climbed to an all‑time high above $126,000 but has since retraced to $122,000, marking a 3% weekly gain. Is the rally still on? CryptoQuant claims Bitcoin’s profit‑taking is still low, suggesting that the price has not yet peaked.
This is how the week unfolded in crypto’s chaotic meme universe.
- •Meme coins on BNB Chain are minting millionaires, with over 70% of the degen traders in profit.
And not just regular profits by any stretch, but life‑changing gains. One fighter in the BNB meme coin trenches turned $3,500 into $7.9 million in only three days.
- •U.S. First Lady Melania Trump is back promoting her Solana meme coin MELANIA. The project is facing some heat over $10 million in team sales and a 98% crash.
- •BNB Chain is now beating Ethereum and Solana in new meme coin launches, accounting for +11% of all global meme coin activity.
7‑Day Meme Coin Market Snapshot
The combined market cap of the meme coin sector declined 4% to $71 billion as major players stumbled. Trading volume edged up 4% to $10 billion.
Meme Launchpad Wars
The number of token launches on Solana has drastically decreased, with Pump.fun churning out only 9,000 tokens per day, compared to over 20,000 last week, according to Adam_tehc’s Dune dashboards.
Is BNB Chain already eating Solana’s meme coin lunch? BNB Chain’s premier launchpad, Four.Meme, has surpassed Solana’s Pump.fun in 24‑hour and seven‑day revenue, according to DeFiLlama.
Will it keep going? Or will the Solana meme coin trenches make a comeback?
Source: DeFiLlama
Meme Coin Market vs Other Crypto Sectors
The meme coin sector is ranked 10th on DeFiLlama’s narrative tracker.
Source: DeFiLlama
Top 20 Meme Coin Leaderboard
The top five meme coins by market cap are in the red, while Useless Coin (USELESS) is flying against the wind with a 55% increase among the 20 biggest meme tokens.
Source: CMC Meme Coins Page
Meme Coin Charts: 7‑Day Insights
Biggest Gainers (7D%)
- •Giggle Fund (GIGGLE): +508.62%
- •Dust (DUST): +330.6%
- •4 (4): +301.92%
- •币安人生 (币安人生): +200.72%
- •Koma Inu (KOMA): +93.88%
Biggest Decliners
- •Light (LIGHT): -98.47%
- •Smart Pocket (SP): -54.17%
- •Look (LOOK): -38.62%
- •Fair and Free (FAIR3): -33.4%
- •Palu (PALU): -49.71%
Meme Coin News
What’s causing BNB Meme Season?
Binance founder Changpeng Zhao (CZ) ignited a trading frenzy when he declared "BNB meme szn" on social media, which sparked massive retail participation. BNB Chain’s meme coin launchpad Four.Meme has overtaken Solana’s Pump.fun in daily revenue, while Chinese‑themed meme tokens like BinanceLife, PALU, and BROCCOLI experienced massive rallies, boosted by viral campaigns targeting Chinese crypto communities.
Over 100,000 traders joined the meme coin wave, with about 70% reporting profits, and some making million‑dollar gains.
Trump’s Meme Coin Power Play
Fight Fight Fight LLC, the team behind Donald Trump’s meme coin, is seeking $200 million to build a digital asset treasury that may accumulate the Trump token.
Chain‑Specific Highlights
Solana Memes
- •Useless Coin is up over 50%, while Solana’s major meme tokens are down.
Ethereum Memes
- •
BSC Memes
- •After BNB Chain’s $4,000 hack, traders launched 4—a meme coin made to mock the hacker’s pocket change.
- •Chinese‑themed meme coins have taken over BNB Chain, drawing liquidity from Solana.
Source: GMGN
Sui Memes
- •HIPPO gains 7%.
- •Low‑cap meme coins suffer double‑digit losses.
Base Memes
- •TOSHI climbs 26%.
What Can You Do Next?
- •Avoid FOMO and enter meme coin trades with a clear plan.
- •Take profits regularly to keep your gains and stay ahead.
- •Think before you click and avoid falling for phishing scams.