USD1 Transaction Battle Nearing End: Top Meme Coins Occupy Top Three Market Cap Spots, Funds Continuously Rotating Among New Meme Coins in the Sector

As of January 22nd, GMGN monitoring data shows the 10-day “USD1 Trading Competition” on BNB Chain has entered its seventh day. Currently, the top three tokens by market cap are all established meme coins: EGL1, CDL, and Liberty. Notably, EGL1 and Liberty also participated in a USD1 trading competition on BSC last May through July. In contrast, newly emerged meme coins have seen mixed performance. Previously surging tokens like “BIG DON” and “An” have retraced more than 70% from their peaks, with current market caps around $17 million each—ranking fourth and fifth, respectively. Other popular new coins, such as “1,” now have market caps under $5 million, while “memes” has dropped to roughly $8.7 million. Additionally, several USD1 pool meme coins have spiked today, including “Polar Bear 2026” and “One,” with their market caps once jumping by over $10 million. This signals ongoing capital rotation within the relevant sector. Reportedly, the top three winners of this trading competition will receive multiple incentive rewards, and participation isn’t limited by token creation date. Eligible USD1 trading pairs primarily include: projects built on Four Meme using USD1 as the base token, or other Four Meme projects with active USD1 liquidity pools. BlockBeats reminds users that meme coin trading is highly volatile, heavily reliant on market sentiment and hype, and lacks actual value or use cases. Investors should be aware of the risks.