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The meme coin bull market on BSC, do you say it's a cycle? It does seem like one. $TST, $714 to $White Cloth, each round reaching new heights, then like a balloon deflating—quickly returning to normal. Leaders change hands frequently, one after another stumble, the ceiling getting lower and lower, market confidence being worn down time and again, until finally, there are only weeds left to be harvested.
But this round? It’s really a bit different.
The key isn’t in the rise or fall, but in the source of the narrative supporting these projects changing. Take $Binance Life as an example; it’s not just a coin, it’s a vessel for a bunch of emotions—identity recognition, self-deprecating humor, cultural projection—all woven together. This natural virality? The previous BSC Meme coins never enjoyed it. They relied on emotional resonance within the Chinese-speaking community to stand up.
There’s also a detail worth pondering: Binance can’t just try one Chinese Meme coin.
Since it’s already in the water, the second, third, and subsequent ones will definitely follow. But the key question has never been “Will the next one come,” but—if $Binance Life, the leader, can’t truly break through the ceiling in the spot market, then pushing out ten more Chinese coins later won’t help.
The market needs a project to prove that this narrative can run smoothly. For Chinese Meme coins to regain vitality, someone must first break the deadlock. Each cycle’s start essentially begins with the leader. If you believe in the prospects of Chinese Meme coins, then you have to see whether $Binance Life can break through this round’s ceiling.