Data: BSC ecosystem Chinese meme rises, Binance updates spot system to support Chinese trading pairs

According to GMGN market information, the Chinese meme in the BSC ecosystem experienced a widespread surge this afternoon. As of the time of publication:

"Binance Life" rose over 12% in a single day, with a current market cap of $134 million;

"Hakimi" rose over 7.25% in a single day, with a current market cap of $30.6 million;

Previously, Binance's spot trading log update indicated that it is expected to gradually support UTF-8 format encoding in the next two weeks. UTF-8 format encoding means that it can support spot trading pairs in multiple languages or symbols, such as Chinese.

ChainCatcher reminds users that meme coin trading is highly volatile, largely relying on market sentiment and speculative concepts, and has no actual value or use case. Investors should be aware of the risks.