- The WLFI team, with all the financial acumen of a cat chasing a laser pointer, did not specify the financial details of the $B support, but its impact was as palpable as a slap in the face.
- The rising optimism of an altseason, fueled by the re-emergence of FOMO traders who have the attention span of a goldfish, will help $B sustain bullish sentiment, or so they hope.
A recently launched memecoin on the BSC chain, dubbed BUILDon (B), rallied over 150 percent in the last 24 hours, trading above $0.1 on Wednesday during the late North American trading session. This small-cap memecoin, with a fully diluted valuation of about $102 million and a 24-hour average traded volume of about $60 million, recorded staggering gains after an endorsement from Donald Trump-backed World Liberty Financial (WLFI). One can only imagine the profound wisdom that led to this decision.
According to an X post, the WLFI project purchased an undisclosed amount of $B tokens following its recent move to use the USD1 stablecoin as its base pair. The reasoning behind this move is as clear as mud, but who needs clarity when you have a 150% surge?
“We just bought some $B to support the BUILDon team. Love seeing projects choose $USD1 as their base pair — faster settlement, deeper liquidity, and growth every day. We hope to see more tokens make the switch,” the announcement noted, with all the enthusiasm of a teenager explaining why they need a new smartphone.
What Next for BUILDon Following the WLFI Support
The BUILDon memecoin has attracted more than 13k on-chain holders after a net pooled USD1 of over 842k to provide liquidity. The BSC mascot is well positioned to rally further in the coming days, amid the rising demand for memecoins following the Bitcoin price pump towards a new all-time high. Or, as some might say, it’s a perfect storm of FOMO and speculation.
Furthermore, the memecoin culture on the BNB chain has gained significant traction in the recent past, thanks to Binance’s deliberate decision to support project developers. However, the $B price faces significant volatility ahead, making it as predictable as a politician’s promise. Thus, it remains prone to pump and dump schemes, much to the delight of those who thrive on chaos. 🎉💥
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2025-05-22 03:07