BNB Chain Seizes Memecoin Momentum as Solana and Declining Activity

BNB Chain Seizes Memecoin Momentum as Solana and Declining Activity

By Ruchi Sharma

The world of memecoins is buzzing with activity these days. New coins are being launched and generating a lot of buzz. Recently, there have been significant developments in high market cap memecoins, and it seems the leadership of memecoins is shifting from Solana to BNB.

Here are a few reasons driving the price movements in top memecoins:

1. Interactive Brokers added Dogecoin to its trading platform.
2. Shiba Inu announced a major DeFi expansion.
3. Bonk Inu acquired Exchange Art Marketplace.
4. $GHIBLI reached a valuation of $31.24 million.
5. New memecoin VINE coin spiked by 122%.

Despite the overall downtrend in the crypto market due to Trump Tariff anticipation, Dogecoin saw a 7% increase, trading at $0.174 on April 1st. This was mainly because Interactive Brokers, one of the largest electronic brokerages globally, added Dogecoin to its trading platform. Additionally, Elon Musk recently clarified that the U.S. Department of Government Efficiency (D.O.G.E.) has no intentions of adopting Dogecoin.

Shiba Inu, the second-largest memecoin, was also up by about 8%. The reasons behind this include the massive rise in Shibarium’s network activity, which is on track to hit 1 billion transactions, supported by 3.84 million daily transactions. Its address count has reached over 191 million. Furthermore, Shiba Inu is preparing to launch Shib Finance, a decentralized finance (DeFi) platform offering token swapping, lending, borrowing, and savings. Additionally, Shiba Inu is introducing SHIB Pay, a new payment platform that allows merchants to accept cryptocurrency payments directly without third-party involvement. Recently, 17.1 million SHIB tokens were burned, causing a 750% increase in the burn rate.

Bonk Inu is also up by about 4% after acquiring Exchange Art Marketplace. This acquisition is expected to not only enhance BONK’s utility and use cases but also increase its value.

Pepe, the third-largest memecoin, saw a 4% increase, trading at $0.0578. This is due to Pepe becoming part of the PLYR game, allowing gamers to use Pepe in the game.

One of the biggest stories recently is the launch of the $GHIBLI token, which has created a huge social media buzz with its Ghibli-inspired art trend. This token, which started trending just 3-4 days ago, has reached a market cap of approximately $32 million and was up by 47% in the last 24 hours, trading at $0.029. Major exchanges such as Kraken, Gate.io, and BingX have listed it for trading.

In other news, Elon Musk’s recent acquisition of the Vine app has stirred up the meme coin market. After the announcement, Vine Coin, launched on Pump.fun by the app’s co-founder, spiked 122%, trading at $0.42.

Meanwhile, Charles Hoskinson, the founder of Cardano, has predicted that 99% of Solana memecoins will fail due to a lack of utility and insider-driven pump-and-dump tactics. Many Solana memecoins have already seen their market cap plunge by over 85% from their 2025 highs, and the launch of new memecoins on Solana has sharply declined.

BNB Chain has taken advantage of this situation, capturing the displaced memecoin volume. BNB now has its own memecoin platform, Four.meme, which introduces daily competitions to promote new projects and provide liquidity subsidies. Some of these memecoins have even secured listings on Binance itself.

This momentum is clearly reflected in the trading volume of PancakeSwap, BNB’s top decentralized exchange (DEX). Over a two-week period starting March 15, PancakeSwap led all EVM chains’ DEX volume on nine separate days, according to Dune Analytics data.

Therefore, it’s important to conduct thorough research before investing in any memecoin and consult your financial advisor.

You need to login in order to Like