Since October 2024, BNB Chain has initiated several rounds of memecoin innovation competitions, distributing over $200,000 across 11 projects. To further celebrate the memecoin surge, BNB Chain purchased top-performing memecoins daily, distributing them to 1,000 eligible BNB and CAKE holders. This initiative, which ran for 14 days, underscores the increasing importance of memecoins within the BNB Chain ecosystem. Moreover, a $900K liquidity pool was dedicated to supporting the development of memecoins, demonstrating BNB Chain's commitment to this dynamic vertical.