BlockBeats news, on October 20, according to GMGN monitoring, due to the previous market big dump aftermath, the overall temperature of the Meme zone on the BSC chain has cooled down, and the activity of funds is significantly lower than before. It has been many days since a new popular narrative Meme coin has appeared, and most of the listed projects are old tokens that have been online for nearly 20 days or longer. Players are hesitant to take action, and the market has obviously entered a wait-and-see state. Currently, there are not many Chinese Memes that can maintain a certain level of heat for a long time: “Binance Life” has a trading volume of about 10.8 million USD in the last 24 hours, with a current market capitalization of about 170 million USD; “Hakimi” has a trading volume of about 6.2 million USD in the last 24 hours, with a current market capitalization of about 42.3 million USD; “Cultivation” has a trading volume of about 3.4 million USD in the last 24 hours, with a current market capitalization of about 11.97 million USD.
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