BNB Chain has unveiled a new no-code solution that allows users to easily launch their own meme coin projects, regardless of technical expertise. The platform, announced on January 20, offers end-to-end support for individuals and businesses looking to create meme coins with minimal effort.
This move comes amid a wave of interest in meme coins, sparked by the launches of Official Trump (TRUMP) and Melania (MELANIA) coins, which have stirred the crypto community ahead of Donald Trump’s inauguration. While these coins have gained popularity, concerns have been raised about the broader implications for the crypto sector. TRUMP, notably launched on Solana, generated millions in fees, further driving interest in meme coin projects.
Beyond the no-code platform, BNB Chain also provides launchpad support, analytics tools, and liquidity via the decentralized exchange PancakeSwap. These features are designed to help onboard the next generation of Web3 users and creators, positioning BNB Chain as a challenger to major meme coin ecosystems like Solana and Ethereum.
The announcement follows a period of network congestion, particularly during the meme coin frenzy. On January 18, Binance temporarily halted USDC-SOL withdrawals due to congestion impacting both Solana and BNB Chain networks. However, Binance confirmed that the issue was resolved on January 20, with withdrawals resuming.
Glassnode data reveals that transaction fees on Solana spiked dramatically during the TRUMP coin’s release, reaching a record high of 6,000 SOL within just 10 minutes, as demand for the new meme coin surged.
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