USD1 Transaction Battle Result: EGL1, memes, "One" emerged victorious, BNB Chain Foundation has injected $100,000 liquidity

2 hours ago

On January 28, per GMGN monitoring, the BNB Chain “USD1 Trading Competition” concluded on the 25th, with winners officially announced at 9 a.m. yesterday. The top three winners are meme coin EGL1, memes, and “One.” Under competition rules, the BNB Chain Foundation has injected approximately $33,333 in liquidity into each of the three winning tokens, totaling $100,000. However, the additional $150,000 in co-investment promised by WLFI has not appeared on-chain or via official channels. Following the winner announcement and the Foundation’s purchases, related tokens saw a brief uptick before a sharp short-term drop, with only a limited overall gain in the past 24 hours. Notably, “One” is not yet listed on Binance Alpha and has relatively weak liquidity. Details are below: EGL1: 24h change -0.09%, current market cap ~$40.34 million, current price ~$0.04; memes: 24h change -21%, current market cap ~$9.57 million, current price ~$0.009; "One": 24h change +12.3%, current market cap ~$6.27 million, current price ~$0.006; BlockBeats notes that meme coin trading is highly volatile, driven primarily by market sentiment and hype, with no real-world value or utility. Investors should be aware of the risks.

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