BlockBeats News, January 20th, according to GMGN monitoring, BNB Chain's 10-day "USD1 Trading Contest" has now entered its fifth day. As the community widely believes that winning projects are likely to have the opportunity to list on top exchanges, this event has quickly spawned multiple new Meme coins with USD1 liquidity pools (such as "安" and "BIG DON"), causing their market capitalization to soar, and also injecting a new round of market expectations into some old projects (such as EGL1, CDL). Recently popular Meme coin "1" may also have seen a market cap surge due to the presence of a USD1 liquidity pool.The current top three tokens by market capitalization are as follows:EGL1: Market cap currently reported at $29.7 million, with a current price of approximately $0.0297;BIG DON: Market cap currently reported at $29.5 million, with a current price of approximately $0.0295;安: Market cap currently reported at $27 million, with a current price of approximately $0.027.It is reported that the top three winners of this trading competition will receive multiple incentive supports. The eligibility for participation is not restricted by the token creation time and the USD1 trading pairs deemed eligible mainly include: projects created with USD1 as the base token on Four meme, or other Four meme projects with active USD1 liquidity pools.There are currently many Meme coins with the same name in the market. The token contract with the highest liquidity at present is:EGL1: 0xf4b385849f2e817e92bffbfb9aeb48f950ff4444BIG DON: 0x71429f2e1e243b451b939a2af2b69fa646064444「安」: 0x126976da699d5ad0815eb134286fc6ca53e04444BlockBeats reminds users that Meme coin trading is highly volatile, mostly driven by market sentiment and hype, and has no real value or use case. Investors should be aware of the risks.

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