BlockBeats news, on December 23, according to GMGN monitoring, at 16:00 today, the official BNB Chain account posted a tweet featuring the image of CZ titled “Little Elf on the Shelf,” which quickly led to the emergence of multiple Meme coins with the same name on the BSC chain. The earliest issued token's market capitalization briefly surged to $200,000, with monitoring showing that there were 22 related rat trading addresses, along with 314 wallets engaging in bundled bulk trading using MEV. However, shortly after the tweet was published, it was deleted, and the corresponding Meme coin's market capitalization plummeted to $13,000. Against the backdrop of a persistently weak market and a lack of liquidity, the market is highly sensitive, with some traders closely monitoring major official Twitter accounts for narrative opportunities. The phenomenon of similar rapid speculation through bundled trading and rat trading has also significantly increased. He Yi previously replied on X platform, stating, “Everyone doesn't need to find angles in the official V or from the editors; we won't look at this type of Meme in the future.” BlockBeats reminds users that trading in Meme coins is highly volatile, largely dependent on market sentiment and speculative concepts, with no actual value or use cases, and investors should be aware of the risks.
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