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The popularity of Chinese narratives on the BSC blockchain continues, with prices generally experiencing a slight pullback.
On October 9th, according to GMGN data monitoring, due to the concentrated outbreak of CEX ecological narrative, the 24H volume on the BSC chain has surpassed Solana, becoming the number one public chain. The popularity of the BSC ecological Meme continues, but the prices of most popular Chinese memes have generally declined within 6 hours. Among them, CEX Life had a 24H transaction volume of 325 million USD and a market capitalization of over 245 million USD; 4 had a 24H transaction volume of 235 million USD and a market capitalization of 225 million USD; Customer Service Xiao He had a 24H transaction volume of 130 million USD and a market capitalization of about 13.2 million USD. On the other hand, several new coins, such as CEX Auto, still have a high number of transactions, but their market capitalization has significantly declined. BlockBeats reminds users that meme coins generally lack practical use cases, and the prices and trading volumes fluctuate greatly, so investment should be cautious to avoid blindly following trends.