BSC On-Chain Meme Coin Market Sentiment Turns Cold, with Most Up-and-Coming Popular Meme Coins Now Valued at Less Than $5 Million
On January 30th, GMGN monitoring (via
https://gmgn.ai/r/m4TE56o8) indicates on-chain activity on BSC has recently cooled off.
Among popular BSC meme coins recently listed on Binance Alpha, **"Here I Am, Stepping on the Horse"** has stayed relatively stable, with a market cap of roughly $30 million. Most other projects have underperformed:
- Meme coins added to Binance Alpha in the past 10 days (including "1", "Crying Horse", and "memes") have all fallen below $5 million in market cap.
- Amid today’s broader market pullback, these tokens dropped further: "memes" is down 30% in 24 hours, now at a $4 million market cap.
For other meme coins launched this month (e.g., "Dark Horse", "Laozi", "Snowball", "Life Candlestick"):
- Only "Snowball" still holds a ~$15 million market cap (an 80% drop from its recent high).
- All other projects in this group have market caps under $5 million.
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Precious Metals Continue Decline, Gold Falls Below $5,000, Silver Drops to $95
As of January 30th, spot gold and silver are extending declines, per Bitget market data. Gold has dropped 7.7% intraday to a current price of $4,969, while silver has fallen 17.7% intraday to $95.60.
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Gold and Silver Keep Falling, Gold Plunges 6.06% Intraday, Silver Plunges 12.39% Intraday
Jan. 30th — Per Bitget market data, spot gold and silver prices are extending intraday losses: gold has dropped 6.06% to a current price of $5,061, while silver has fallen 12.39% to $102.
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「Gold Token's Biggest Short」 Shorts Gold with Floating Profit of Over $450,000
On January 30, monitoring from HyperInsight (via its Telegram channel at https://t.me/HyperInsight) indicates that the trader behind address 0xfc667—identified as the "largest short position holder for on-chain gold token PAXG"—is currently shorting 2,359.65 PAX Gold (PAXG) with 5x leverage.
Their average entry price is $5,248.84, resulting in an unrealized gain of $457,000. This address employs a high-leverage intraday scalping strategy, with historical data showing a single-day profit peak of $4.91 million.
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Bitcoin Poised to Log Its Longest Monthly Losing Streak Since 2018
Jan 30 — Bitcoin is on track for its longest monthly losing streak in nearly seven years. With market risk aversion growing and traditional safe-haven assets fiercely competing for capital inflows, investor demand for the token remains weak.
Bitcoin is down nearly 6% so far this January, potentially marking a fourth straight monthly decline — its longest such streak since 2018.
Back in 2018, the collapse of the initial coin offering (ICO) boom sent the crypto market into a downward spiral.
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The "On-chain Shareholder" took a short position in commodities such as precious metals and the Nasdaq with a scale of 80 million, turning losses into gains today
January 30 — According to the Coinbob Popular Address Monitor (https://t.me/Coinbob_track_CN), the largest on-chain gold bear whale “On-chain Stock Investor” (0xfc66...) has now turned its overall position from loss to profit.
Current position size totals ~$91.7 million, with over $80 million concentrated in commodity shorts — notably Nasdaq 100 Index and PAXG (On-chain Gold)/GOLD (Gold Mapping Contract) shorts, which add up to ~$41 million.
Key commodity position breakdown:
- 6x XYZ100 (Nasdaq 100 Index): ~$19.6M position size, avg price $25,819, ~$1.12M unrealized profit;
- 5x PAXG (On-chain Gold): ~$12M position size, avg price $5,250, ~$260k unrealized profit;
- 5x xyz:GOLD (Gold Mapping Contract): ~$10.02M position size, avg price $5,320, ~$420k unrealized loss;
- 2x xyz:SILVER (Silver Mapping Contract): ~$8.6M position size, avg price $108, ~$380k unrealized profit.
This address has focused on on-chain crypto asset contract trading. Since January 8, it has contin
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