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Recently, the concentrated explosion of Chinese Meme coins on BNB Chain somewhat reflects the strategic adjustments of leading exchanges in the face of ecosystem competition. I have a few observations on the current situation.
First, let's look at the changes on BSC. This chain has completely transformed from its early image — the once "low-fee mining pit" has evolved into a "traffic harvesting pool" for Chinese internet culture. The names of the projects that have recently gained popularity clearly illustrate this: "Life K-line," "Laozi," "Dark Horse," "I'm Coming" — these terms carry strong emotional expressions and grassroots cultural elements, entirely different from the cold narratives of complex AI or DeFi projects.
The common features of this wave are obvious: the names are simple and straightforward, with explosive dissemination power, aggressive wash trading techniques, and unconventional moves during price surges. The Chinese community's influence has been fully leveraged in this round of market activity. As soon as rumors spread that a project might "list on top-tier exchanges" or "gain attention from major exchanges," capital immediately floods in, and the K-line often shows an almost vertical, exaggerated pattern.
The underlying logic is actually not complicated. Solana, with tools like Pump.fun, has absorbed a large amount of retail investors and on-chain liquidity over the past year. To regain control of the retail sector, the most direct and effective method is needed — and Meme coins happen to be the key. By activating the Meme ecosystem on BSC, a major exchange is re-energizing its position as the "retail first camp." This is not just simple marketing; it is a contest for on-chain traffic and user discourse power.