The market is anxiously awaiting the narrative of "heating up"; BNB Chain's new tweet has triggered movements in over 20 rat trading addresses.

BNB2,44%

BlockBeats news, on December 23, according to GMGN monitoring, at 16:00 today, the official BNB Chain account posted a tweet featuring the image of CZ titled “Little Elf on the Shelf,” which quickly led to the emergence of multiple Meme coins with the same name on the BSC chain. The earliest issued token's market capitalization briefly surged to $200,000, with monitoring showing that there were 22 related rat trading addresses, along with 314 wallets engaging in bundled bulk trading using MEV. However, shortly after the tweet was published, it was deleted, and the corresponding Meme coin's market capitalization plummeted to $13,000. Against the backdrop of a persistently weak market and a lack of liquidity, the market is highly sensitive, with some traders closely monitoring major official Twitter accounts for narrative opportunities. The phenomenon of similar rapid speculation through bundled trading and rat trading has also significantly increased. He Yi previously replied on X platform, stating, “Everyone doesn't need to find angles in the official V or from the editors; we won't look at this type of Meme in the future.” BlockBeats reminds users that trading in Meme coins is highly volatile, largely dependent on market sentiment and speculative concepts, with no actual value or use cases, and investors should be aware of the risks.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Overview of popular cryptocurrencies on February 21, 2026, with the top three in popularity being: Bitcoin, Ethereum, and BNB.

GateNewsBot7h ago

Technical Analysis for February 21: BTC, ETH, XRP, BNB, SOL, DOGE, BCH, ADA, HYPE, XMR

Bitcoin's rally once pushed the price above $68,300, but buying momentum is still not strong enough to sustain the high price level. If there is no significant breakout in the next few days, BTC is likely to close this month with its fifth consecutive red candle. This scenario is reminiscent of the 2018–20 period.

TapChiBitcoin8h ago

Ju.com 20% Off Launchpad XRP Concludes, Heat Continues. Welcome the God of Wealth on the fifth day, Episode 5 BNB on February 21 at 16:00 for the flash sale.

Ju.com Spring Festival Event Phase 4 ended on February 20th, with over 10,000 participants and more than $50 million in funds, exceeding the fundraising goal by 700%. Phase 5 will launch on February 21st, allowing users to participate in subscriptions at a 20% discount, with a chance to win physical prizes and token rewards.

GateNewsBot02-20 08:48
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)