BNB Chain announced the arrival of meme season yesterday. Today, the BSC ecosystem is showing clear signs of recovery, with several meme coins rising together, indicating that funds are passing the baton.
The grassroots culture coin is quite interesting. Last night, there was a sudden large buy order of 130,000, which was immediately sold off. The whole process was very quick, and it's still unclear what exactly was happening. It could be a test order or just a passing whale.
Currently, there is little activity in the USD1 liquidity pool, and trading volume remains calm. However, within the entire BSC, two high-market-cap coins are worth noting—one is aggressively increasing volume, while the other remains relatively quiet. Additionally, older coins like EGL1, which had a surge some time ago, suddenly experienced a dump last night, suggesting someone might be cutting the leeks.
Overall, meme season has indeed started, but the volatility is high, so caution is advised.
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SnapshotBot
· 16h ago
It's a bit strange that the order of 130,000 was settled so quickly. I still don't quite understand whether it's a test or something else.
EGL1's old coins getting dumped is the most annoying. Retail investors should wake up.
The meme season is really picking up, but who dares to hold a heavy position now? The volatility is too fierce.
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CrossChainBreather
· 22h ago
130,000 large orders immediately ran away, this move is a bit mysterious, whether it's a test of the market or a whale passing by, it's hard to say for sure.
EGL1's recent sell-off was quite aggressive, the methods of cutting leeks are getting more and more sophisticated.
The meme season has started, but the price fluctuation this time... it's better to be cautious.
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PessimisticLayer
· 22h ago
130,000 in and out and then run, this whale is quite bold, whether it's testing the market or pulling up to sell, we can't see through it.
That round of EGL1 was a bit harsh, with the meme season coming, it turned into a cash machine instead, hilarious.
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DeFiCaffeinator
· 22h ago
It's another test and whale activity. To put it simply, no one really understands what those 130,000 are trying to do...
This wave on BSC is quite interesting, but the methods of cutting leeks are too obvious. I felt uncomfortable for people when EGL1 crashed last night.
The meme season has started, but the money is a bit chaotic...
BNB Chain announced the arrival of meme season yesterday. Today, the BSC ecosystem is showing clear signs of recovery, with several meme coins rising together, indicating that funds are passing the baton.
The grassroots culture coin is quite interesting. Last night, there was a sudden large buy order of 130,000, which was immediately sold off. The whole process was very quick, and it's still unclear what exactly was happening. It could be a test order or just a passing whale.
Currently, there is little activity in the USD1 liquidity pool, and trading volume remains calm. However, within the entire BSC, two high-market-cap coins are worth noting—one is aggressively increasing volume, while the other remains relatively quiet. Additionally, older coins like EGL1, which had a surge some time ago, suddenly experienced a dump last night, suggesting someone might be cutting the leeks.
Overall, meme season has indeed started, but the volatility is high, so caution is advised.