ChainCatcher news, Meme coin ecosystem KOL Murad posted on platform X, "In my opinion, the best Meme coin next year may still have a 50-200 times increase, but investors must hold the best Meme coins instead of jumping between new coins."

ChainCatcher message, in response to the community's call and to celebrate the upcoming holiday season, BNB Chain today announced the launch of the second phase of the Meme Coin competition on December 24.The first phase lasted for 7 days, with 7 winning MemeCoin projects. Among them, the three winning projects AICell, MONKEY, and FROG have been listed on Binance Alpha Zone.The second phase will commence on December 24, during which BNB Chain will purchase eco-friendly Meme Coins worth 33 BNB daily for 7 consecutive days, and will randomly airdrop the corresponding Meme tokens to 1000 eligible community users each day.Event duration: December 24, 2024, to December 31, 2024Airdrop rules: Hold at least 1 staked BNB token (including slisBNB, BNBx, stkBNB, or ankrBNB) in the wallet address or hold at least 235 Cake.Snapshot time: December 24, 2024, at 8 PM (Singapore time)Meme Coin selection criteria:During the event, the selected Meme Coin each day will be screened based on its trading volume, market capitalization, and price performance over the past 24 hours.The selected tokens will follow a non-repetitive principle each day, and the BNBChain community will purchase the projects after the daily announcement. Users can track the latest data of Meme projects in real-time through the event's "leaderboard."Scope of the event:This competition targets Meme projects deployed on BNB Chain after December 1, 2024, and November 15, 2024.BNB Chain is delighted to see more and more projects and users participating in the Meme frenzy and welcomes more excellent Meme projects to join the BNB ecosystem, while also looking forward to active participation from community users.

ChainCatcher news, GMGN data shows that the Solana meme coin YNE, deployed only 3 hours ago, has a market cap of 20 million USD, with a current price of 0.02163 USDT.YNE is an AI agent powered by OpenAI's O1 model, capable of analyzing mathematical errors and discrepancies in scientific papers.

ChainCatcher news, the team behind the memecoin HAWK related to Haliey Welch or "Hawk Tuah Girl" has been sued by investors for allegedly violating securities laws.The lawsuit filed in a New York federal court claims that HAWK's actions resemble unregistered securities, attracting first-time cryptocurrency investors who subsequently suffered "huge losses" after the token's decline. Twelve plaintiffs who invested in HAWK collectively incurred financial losses of $151,000 and are suing for a jury trial.

ChainCatcher message, trader Eugene Ng Ah Sio posted on X: "Rebalanced the portfolio, now fully bullish on SOL. Have lost about 1 million dollars on Meme coins and am looking for a rebound opportunity."

ChainCatcher news, Avalanche founder Emin Gün Sirer stated on social media: "Meme coins on Avalanche can not only be used for staking but also as gas tokens."

ChainCatcher message, trader Eugene Ng Ah Sio posted on X: "Rebalancing, now fully bullish on SOL. Have already lost about 1 million dollars on meme coins and am looking for a rebound opportunity."

ChainCatcher news, Binance co-founder He Yi stated in X Spaces: "A few memes will survive, while most memes will go to zero. Whether it's VC coins or memes, we have a list of over a hundred trending projects, but some projects have issues with their token economic models, and some platform data may be inflated. For these projects, during our ongoing observation, we've also heard some rumors of insider trading.Therefore, we will place these trending projects in Binance Alpha (Observation Zone). Projects entering the Observation Zone do not guarantee listing on Binance. A project can only generate revenue and profit when it is beneficial to society, and only then can it share the profits with users."

ChainCatcher news, KOL Murad posted on the X platform, pointing out that among the 1 billion Meme coins that have emerged, the vast majority will disappear. About 15-25 of them will be "cult" Meme coins, which will perform well. Only 3-5 are expected to become "mainstream" Meme coins and gain widespread popularity.

ChainCatcher news, the UK's Financial Conduct Authority (FCA) has issued a warning, stating that the Solana ecosystem Meme coin project Retardio is suspected of providing financial services without authorization. The FCA emphasizes that users of this project will not have access to the Financial Ombudsman Service and the Financial Services Compensation Scheme (FSCS) protections.The regulator advises investors to avoid interacting with this project and warns of the scam risks associated with its social media accounts.

ChainCatcher news, according to Solana Floor monitoring, the FARTCOIN token based on Solana is currently the largest AI Meme coin by market capitalization among all chains, with a market cap of $832 million.

ChainCatcher news, Meme coin KOL Murad posted on social media, "If you stay in the crypto space long enough, you will understand one truth, there is one factor that stands out in every cycle------the hardcore community. Everything else will rise and fall, but true passion is unstoppable. In this cycle, Meme coins with a hardcore community will dominate the market."

ChainCatcher message, according to monitoring by Moonshot Alpha, Moonshot has launched the Solana ecosystem meme coin h2w6gm6jz, with a market capitalization of 17.3 million dollars at launch.It is reported that the concept of h2w6gm6jz is to build a social experiment through mysterious tweets and philosophical quotes, symbolizing the exploration of the new world order.

ChainCatcher news, DeFinance Capital founder Arthur posted on the X platform that, based on the performance of DeFi in the market, it seems to be entering a DeFi super cycle rather than a meme coin super cycle.However, meme ecosystem KOL Murad seems to disagree with this view and responded, "Should we look at the annual return rate?"

ChainCatcher news, according to Coingecko data, BONK's market capitalization has surpassed 2.96 billion USD, overtaking WIF (market cap 2.93 billion USD), becoming the highest market cap Meme coin on the Solana chain.