Industry News

Tracks company news, strategic changes, funding activities, and personnel adjustments across the blockchain and crypto industries, delivering a full-spectrum industry overview for our users.

White House Ignites, BSC Spreads Like Wildfire: A Meme Carnival Bidding Farewell to the 'Imperial Decree Model'

A meme coin frenzy erupted on January 21 after the White House posted on X mentioning "victory, eviction, and memes." Within minutes, meme tokens named "memes" were launched on both Solana and BSC chains. Contrary to expectations, the Solana version—typically favored due to its active ecosystem and "first is first" advantage—was outperformed by the BSC version. At its peak, the BSC meme reached a market cap of $28 million with 7,300 holders, while Solana’s version peaked at $3.6 million with 3,900 holders. Real-time user engagement also favored BSC, with nearly 3,000 simultaneous online participants compared to Solana’s sub-1,000. This outcome challenges the long-standing perception that BSC meme coins rely heavily on endorsements from Binance founders CZ and He Yi—a model often mockingly referred to as "Shandong style." Both CZ and He Yi have recently publicly discouraged the practice of creating meme coins based on parsing words from their social posts. CZ explicitly warned followers against buying tokens inspired by his tweets, while He Yi criticized “word-parsing” and “bootlicking” behaviors, urging the community to focus on real project development instead. The surprising success of the BSC memes token—launched 20 minutes after Solana’s version—suggests a possible shift in BSC’s meme culture, moving away from top-down influence toward more organic, community-driven momentum. Whether this marks a lasting change in BSC’s meme ecosystem remains an open question.

marsbit01/21 09:47

White House Ignites, BSC Spreads Like Wildfire: A Meme Carnival Bidding Farewell to the 'Imperial Decree Model'

marsbit01/21 09:47

Crypto Morning Report: U.S. Stocks Plunge Across the Board, HyperLend Unveils HPL Tokenomics

Crypto Morning Brief: U.S. stocks fell sharply across the board, with the Nasdaq and S&P 500 dropping over 2%. Chip stocks and major tech companies like Nvidia and Tesla declined 3-4%. Gold and silver hit new highs. In regulatory news, CFTC Chair announced the "Future Proof" initiative to modernize digital asset oversight. Trump Media set February 2, 2026, as the record date for its digital token distribution to shareholders. Hong Kong’s Securities and Futures Professionals Association urged a shift toward commercial application of virtual assets, following the establishment of regulatory infrastructure. HyperLend revealed its HPL tokenomics: 30.14% for ecosystem growth, 25% for genesis allocation, 22.5% to core contributors, 17.36% to strategic investors, and 5% for liquidity. Pendle introduced sPENDLE, a liquid staking token that reduces withdrawal time from years to 14 days. Ethereum’s recent network activity surge may be linked to address poisoning attacks, exploiting lower gas fees post-Dencun upgrade. Chainlink launched 24/5 U.S. stock data feeds for blockchain applications. Trend Research purchased 6,656 ETH, now holding $1.91 billion worth. Bitmine approved increasing its share issuance limit for future financing flexibility. Pump.fun established an investment division and a $3 million public hackathon. Recommended reads include discussions on AI’s impact, X’s algorithm changes, NYSE’s move to 24/7 tokenized trading, Wintermute’s market outlook, and organic airdrop strategies.

marsbit01/21 01:29

Crypto Morning Report: U.S. Stocks Plunge Across the Board, HyperLend Unveils HPL Tokenomics

marsbit01/21 01:29

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