On four.meme the CZ narrative continues, BNBFather is launched along with derivative BNBMother. On Pumpfun two tokens launch based on different narratives, rare earth minerals and usdt (unstable donald trump)
Today’s launches on four.meme – BNBFather and BNBMother
Today the BNBFather was launched, this seems to show CZ as looking like the GodFather from that famous movie, also a very popular one in crypto. This could be a reference to other tokens such as the “DogeFather” and others. In recent days, CZ has been in the spotlight making major deals and partnerships for BSC. BNB has reached a price of $1224
a new all time high. This has triggered a lot of hype in the BSC community with lots of volume flowing in. Apparently, even pump.fun was flipped by four.meme in terms of platform fees collected. After BNBFather’s success today:
it seems that a simple derivative was created called BNBMother for obvious reasons. BNBMother closely follows the price of BNBFather. Chart for BNBMother:
Although they may seem crafty, these two tokens come across as a little low effort and not relating to anything profound. Let’s check out the current wallet distribution for each one, first for BNBFather:
The top wallets seem to hold dynamic amounts, indicating that they are most likely random traders/supporters rather than a bundle from the dev. Looks good. Now lets check BNBMother’s:
Everything looks good here too.
Today’s launches on Pump.Fun – Unstable Donald Trump (USDT) and Rare Earth Minerals (REM)
Two prominent tokens launched on pump.fun today, Unstable Donald Trump (USDT) and Rare Earth Minerals (REM). They both seem to be following general news and not part of any wider narrative, which can be bullish depending on how you look at it. USDT is obviously the symbol for Tether, the largest stable coin, and is also being used here as an acronym for Trump being unstable. Trump has recently mentioned he wishes to place a 100% tariff on China, leading to some people believing he’s unstable. This move by Trump had a massive effect on the SNP 500 and crypto as a whole, leading to a dip:
The meme “Unstable Donald Trump” seems to be playing into it. Let’s take a look at it’s chart:
According to Dexscreener.com it seems to be a community takeover. This means that the original dev leaves and a member of the defi community takes over. If this is really what happened or not, we don’t know. Well, I wasn’t there anyways 😉
Let’s check out the holder’s distribution:
Apart from the people holding 3% and 2% (Quite high amounts) everything looks good. The holders seem to be unique from each other and not part of a bundle.
Rare Earth Minerals (REM) Token Analysis
Rare Earth Minerals seems to be playing off the fact that gold has been rising sharply over the last months:
Other than this, there doesn’t seem to be any other memes behind this one. Their website https://rareearthminerals.fun/ seems to allude to a meme that they have “tokenized” rare earth minerals. In reality it’s just another cool coin on pump.fun. Let’s check the chart for this one:
Branding looks great! Currently sitting at a marketcap of 245k, but the ATH was around 500k.
Let’s check the holder distribution:
Besides the top holders at 4% and 2% everything looks natural.
That wraps up our daily bsc/sol news report. See you tomorrow!