BNB Chain Season Heats Up as AI MEME and Other Projects Flourish

The wealth effect has arrived at BNB Chain. On November 25, Binance Futures launched the 1000WHYUSDT and 1000CHEEMSUSDT perpetual contracts.

As the cryptocurrency market continues to evolve, new trends and narratives emerge, attracting the attention of both investors and enthusiasts. Recently, a wave of interest has swept through the BNB Chain, largely driven by the increasing popularity of AI MEMEs and the broader narrative unfolding within the ecosystem. BlockBeats has compiled a list of several notable projects on BNB Chain that are attracting attention, particularly within the AI MEME and MEME categories, as well as a brief overview of some key DeFi infrastructure projects. It's important to note that this list is not exhaustive and is provided for informational purposes only, and all market cap and price change data are as of the writing time on November 28 at 22:00.

Starting with AI MEMEs on BNB Chain, a topic that has gained traction following a tweet from Binance founder CZ. In the tweet, CZ mentioned the suitability of AI tagging or general AI data for being handled on-chain, highlighting the potential for utilizing global low-cost labor, facilitating micro-instant payments in cryptocurrency, and leveraging BNB Chain Greenfield's storage capacity. While DeFi OG Lao Lu advised against overthinking the matter, the market's attention to AI MEMEs has indeed surged.

Among the AI MEME projects on BNB Chain, several have attracted attention due to their early entry into this space within the BNB Chain ecosystem. These projects, largely centered around the AI MEME narrative, have experienced varying degrees of price increases.

$AICELL, an AI project MEME coin on BNB Chain, is also a winning project of the BNB Chain Hackathon in Q1 2024. AICELL is a derivative MEME coin that is considered to be among the early entrants in this field on BNB Chain.

$NMT, the native utility token of NetMind.AI, an AI project on BNB Chain. NetMind.AI operates the NetMind Chain, which utilizes a Proof of Authority (PoA) consensus mechanism and provides various specifications and models of GPU computing power rental. NetMind.AI has also established strategic partnerships with several innovative AI companies.

The NetMind.AI team boasts a strong AI background, with founder Kai Zou graduating from Tsinghua University and having multiple papers published at top academic conferences. Additionally, the team collaborates with researchers from OpenAI, enabling NetMind.AI to connect with professional AI researchers and institutions. Currently, NetMind.AI has established academic collaborations with several world-renowned universities, including Tsinghua University, University of Cambridge, University of Wisconsin-Madison, Shanghai Jiao Tong University, Huazhong University of Science and Technology, and Fudan University.

Moving on to MEMEs on BNB Chain, two projects that have attracted significant attention are WHY and Cheems, with market caps of $80M and $137M, respectively.

$COOKIE, the token of the AI Agents MEME data platform COOKIE(Dot)FUN, is garnering attention. The platform provides real-time market data on AI Agents, including metrics such as market cap, price changes, trading volume, and rankings. As a project that combines AI and MEMEs, $COOKIE offers a window into the dynamics of the AI Agents market.

COOKIE(Dot)FUN's unique positioning provides an advantage in the current AI + Crypto boom. As AI Agents projects continue to explode, the demand for data analysis platforms is increasing. $COOKIE, as the token of COOKIE(Dot)FUN, may play a role in several areas:

The platform could incentivize users to participate in data uploading or analysis activities through the $COOKIE token, further enhancing the quality of ecosystem content and data accuracy.

$COOKIE may serve as a governance tool for the community, allowing token holders to participate in platform development decisions.

As the platform's functionality expands, $COOKIE could be utilized in more scenarios, such as data subscriptions, unlocking analysis tools, and payments for customized services.

Another MEME project on BNB Chain is $BOB, which is characterized by a light-hearted and humorous style that has contributed to its viral spread. The narrative revolves around the "BNB Chain mascot," fostering a positive community atmosphere.

"Bob" initially became a meme in the YouTube comment section, depicted as a stick figure. Its widespread use began in 2013, when YouTube required users to link their Google+ accounts to comment, sparking dissatisfaction in the community. Many users protested by pasting ASCII art of "Bob" in the comments to express their discontent with this change. These protesting Bobs were often accompanied by Unicode images of military tanks or AK-47 rifles, symbolizing the community's spirit of resistance.

Another project is $FOUR, which is the native token of the MEME issuance platform Four.Meme on BNB Chain. As a community-governed project, $FOUR is regarded as an important native IP MEME in the BSC ecosystem due to its association with CZ MEME and humorous abstract style.

Four.Meme primarily provides issuance support for MEME projects on BNB Chain,