The Polish bro was completely stunned by the Chinese meme tokens for the first time.
To be honest, when Barry first saw a certain Chinese-labeled cryptocurrency market cap surpassing 20 million dollars, he was completely stunned.
Who is Barry? A trader who has been active in Poland for many years, one of the founders of WOK Labs, managing hundreds of European players. He has seen his fair share of ups and downs, but this time is truly different - watching that coin soar to 60 million, 100 million USD, their European group has already exploded.
A bunch of people are frantically depositing into the BSC chain just because they see the price rising. As for why it's rising? No one can explain it clearly.
This is not an isolated case. Just look at the on-chain data: on October 8th, the trading volume on BSC soared to 6.05 billion USD. What does this mean? This is close to the level of the last wave of altcoin frenzy on BSC in 2021, but this time the leading charge is from Chinese meme tokens.