RootData: The popularity of the BSC Meme sector is rising, and Mubarak's market capitalization has surpassed 180 million USD

ChainCatcher news, RootData posted on platform X indicating that the BSC ecosystem's Meme coins have recently shown significant popularity. Although the top ten tokens by market capitalization generally exhibit weak trading volumes, emerging projects represented by Mubarak, TUT, and Mubarakah are becoming the market focus. Among them, according to GMGN data:

• Mubarak's market capitalization has surpassed $180 million, with a 24-hour trading volume exceeding $50 million;
• TST's market capitalization has exceeded $5,000;
• Mubarakah's daily trading volume has surpassed its circulating market capitalization, resulting in an inverted volume-price phenomenon.

The current BSC Meme craze is still in its early stages. The tokens at the top of the market capitalization rankings are mostly from the previous cycle, while the newly emerged tokens in this round are still in the value discovery phase. As market attention continues to rise, the BSC ecosystem may bring more possibilities to the Meme track.