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According to on-chain data monitoring agencies' tracking, the BNB Chain ecosystem fund has been very active in the past two days, investing a total of $200,000 to buy a batch of Chinese Meme tokens, with frequent actions and large amounts.
Specifically, the fund spent $50,000 to buy 370,000 Binance Pioneers, another $50,000 to acquire 1.3 million Hakeem tokens. Next, another $50,000 was used to purchase 4.83 million Wo Ta Ma Lai Le. The final transaction saw $50,000 spent to acquire 4.7 million Laozi tokens.
In four transactions, four different Meme coins, each with a standardized purchase amount of $50,000. Behind this regular buying pattern, is the fund testing the market, or is there some other ecosystem plan? From the on-chain traces, it seems the BNB ecosystem has a positive attitude towards Meme culture in the Chinese community. Whether these purchases can become a value support for Meme tokens depends on how they are managed moving forward.