BSC On-chain Meme "Dragon Long" Trading Activity Surges, Top1 Vows Not to Sell Emotionally Strong

According to the data from GMGN, the activity on the BSC chain remains stable. The new meme coin "Dragon Long" has the highest 24-hour trading volume (approximately $55.9 million) and a current market capitalization of around $14.65 million. It is important to note that this coin has a concentrated distribution of chips, with the top 10 holders accounting for more than 20% of the total supply. The Top 1 wallet holds about $1.31 million, representing 9.01% of the circulating supply. It is known that this address belongs to the on-chain trader Crypto Saba, who has publicly stated that they will not sell. Monitoring data also shows that among the high-activity memes in the past week: -"Milk Dragon" has been very active in the last 24 hours, with a trading volume of around $41.3 million and a current market cap of approximately $16.11 million, showing a 60% increase in the past 24 hours. The fifth-largest holder is the on-chain KOL @0xSUN; -"Hashimi" has experienced increased volatility in the last 24 hours, with a trading volume of around $33.5 million and a current market cap of about $46.59 million, representing a 29% decrease in the last 24 hours; -"Binance Life" has shown active trading in the last 24 hours, with a trading volume of approximately $41.7 million and a current market cap of $207 million, with a slight 4.7% pullback in the last 24 hours; -"PALU" has had a trading volume of around $17.5 million in the last 24 hours, with a current market cap of approximately $39.34 million, showing a 30.0% increase in the last 24 hours; -"Cultivation" has seen stable trading volume in the last 24 hours, with a trading volume of around $11.2 million and a current market cap of about $12.71 million, experiencing a 15% decline in the last 24 hours.