Binance's New Meme Rush Explained: Token Migration Threshold $1M, First Two Phases Exclusive to Non-Whale Users
On October 9th, as exclusively announced by Binance on Meme Rush, the token of the Meme Rush platform can be accessed through the Binance App or the web version's Meme Rush tab, seamlessly integrating with Four.Meme's token issuance mechanism. The token will be available only to Binance wallet (non-custodial address) users during the "New Coin" and "Upcoming Issuance" phases. The token issuance is divided into three phases:
New Coin Phase: Binance wallet (non-custodial address) users can purchase the token as early participants. The supply and price of the token follow the Bonding Curve model and are supported by a virtual liquidity pool for trade execution. During this phase, the token is non-transferable to ensure smooth trading and fair distribution. Trading is limited to Binance wallet (non-custodial address) users only. The token is non-transferable, and liquidity is supported by a virtual liquidity pool.
Upcoming Issuance Phase: The Bonding Curve mechanism remains in effect, an
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An address spent 4 BNB to buy BNBHolder, earning over $2.15 million in profit in just 40 minutes.
On October 9th, based on LookOnChain's monitoring, the address "0x94...eaa1c" utilized 4 BNB (valued at $5,245) to purchase 41.11 million BNBHolder 40 minutes ago. Subsequently, it sold 33.55 million BNBHolder, obtaining a total of 956 BNB (worth $1.25 million). As a result, it held 7.55 million BNBHolder (worth $906,000). Within 40 minutes, it achieved a profit of over $2.15 million.
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UnicornVerse Founder Anna Ann Voices Support for Moonveil, $MORE Price Surges 132% in 48 Hours
On October 9th, the Web3 gaming ecosystem project Moonveil ($MORE) witnessed a significant rebound in its price following a severe fluctuation triggered by the delisting of the Gate perpetual contract. The market capitalization has increased from a low of $22 million on October 7th to approximately $55 million currently, experiencing a surge of more than 132% over the past 48 hours.
According to an official announcement from Moonveil, Gate unexpectedly announced the delisting of 15 perpetual contracts, including $MORE, on October 6th without prior communication with the project team. They only provided a forced liquidation window of less than 24 hours, resulting in the centralized liquidation of about $2-3 million in open interest contracts and causing temporary market panic. The Moonveil team later released a statement highlighting that the foundation, investors, and core community (including the UnicornX community) did not sell tokens and that some are still actively buying.
Moonve
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Binance Launches Exclusive Meme Rush Platform: Offers 4X Alpha Trading Rewards and Exclusive Access for Keyless Users
On October 9th, Binance Wallet enters into a partnership with Four.Meme to launch an exclusive Meme Rush platform. This allows for the exploration of high-potential Meme tokens through a dedicated channel. A new feature is introduced specifically for Binance Wallet (non-private key address) users, making it more convenient for them to discover and participate in Meme token projects. It provides users with a more equitable, transparent token mechanism and a leaderboard for real-time tracking of token performance. The key features of Meme Rush are as follows:
Exclusive access for Binance Wallet (non-private key address) users: Authenticated Binance Wallet users can participate in the early stages of Meme token issuance, enjoying a fair, secure, and transparent trading environment.
Tokens go through stages of "New Coin" and "Upcoming," issued using a Bonding Curve model, and then migrate to decentralized exchanges (DEX), allowing open trading for any user. The performance of the token w
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