BNB Might Revive as Memecoins Surge Amid SEC Legal Battle; Here Are 3 Coins With the Best Potential

Strikingly, Binance grew 12% in the first week of February. The police movement has been mainly due to the activity of Binance smart chain tokens.

The cryptocurrency market continues to experience a downturn, with a net loss of $3 trillion in market capitalization. However, investors may still find hope in BNB, particularly compared to its competitors Bitcoin and Ethereum.

During the first week of February, Binance experienced a 12% growth, largely attributed to the activity of Binance Smart Chain tokens, with memecoins serving as a driving force and the overall environment proving favorable for the coin.

Reaching this level of speculation, however, proved challenging. Dini shell traction began as memecoins on the smart chain surged fees by 114% within a week. According to investors, the main traction was the pause in Binance's legal battle with the SEC.

The district court case will now be paused for two months, presenting an opportunity to revive BNB, especially for the platform's memecoins.

Coins with the Highest Potential

There are three coins to watch for that have the highest potential for a quick return on investment.

Test

As the largest meme coin on the platform, Test was created during an academic exercise. Binance Chain conducted an online course on launching memecoins, and Test was launched during one of its practical sessions.

With a market cap of over $183 million, the coin saw an impressive 14% growth on Tuesday and Wednesday. Its trading volume also surged by 500%, reaching a value of $1.14 billion.

Andy

This coin, designed by Matt Furie, gained 12% in the last 24 hours, with a market cap of 40 million USD.

驚くべきことに、ある購入者はこのコインを171BNB分で買い、2億6860万ANDYを保有している。これは、ここ最近のBNBミームコインの中で最も大きな動きだ。

Four

This coin is inspired by the founder's 4-tweet policy, which he used to address uncertainty and doubt about Binance in the minds of readers.

With a base market cap of only 900K, this coin is a testament to Binance's legacy. There are past controversies linked to the coin that may help generate speculative interest around it.

What's the Takeaway?

None of these coins, on their own, hold the key to future success. If BNB does well in the future, it will be because of the increased speculation surrounding memecoins. Traders can keep an eye on how these memecoins perform in the short term.