A new wave of speculation and fervor is washing over the BNB Smart Chain, BSC. And all of it is centered around a USD1 BSC DeFi settlement layer and pair that has become the unlikely battlefield in the latest memecoin wars.
The leading contender? $B — a token whose rise to a position of prominence in this nascent market has decidedly gone vertical and gravitational over the past week. Who or what has been the responsible catalyst for this DeFi stir of competition across at least dozens of tokens and the attention of more than a few builders in BSC? Memo: the best trading pairs and most battle-hardened trading tokens tend to appear when the market is at its frothiest.
Now with a market cap of over $394 million, $B is not just the largest token by valuation on the BSC network; it has also become the face of what some are calling the ‘USD1 memecoin era.’ As traders scramble to find the next breakout token, decentralized exchanges have seen dollar trading pairs explode in volume. Once dismissed as a fleeting trend, trading in memecoins has become a central part of the BSC DeFi ecosystem.
$B Becomes the Face of the “USD1 War”
$B was initially launched without much publicity, yet it later achieved a high profile due to its purchase by WLFI (World Liberty Financial Institution) and its subsequent featuring in one of their high-impact posts on social media. That single post, or tweet, ignited a remarkable rise in $B’s fortunes. Within the span of several hours, $B’s market cap surged, becoming the most valuable token on BSC, and it left in the dust by a significant margin several other tokens that had been favorites on that network.
The increase in the price of $B took many by surprise, especially those who had predicted the next memecoin would emerge from the infamous “broccoli war” — a now largely forgotten narrative clash among some early BSC meme contenders. Instead, $B found its momentum months later, riding the wave of USD1 integration and community interest.
When visibility and valuation of $B exploded, teams behind DeFi projects hurried to form partnerships with WLFI. They sought to leverage the token’s virality and usefulness to their ends. Yet, we must acknowledge, these partnerships proceeded at a snail’s pace. In the meantime, the real capital and trading volume, at least the kind we wanted to see, began to assemble on-chain, where dastardly USD1 pairs were luring in the street’s speculators and high-frequency traders.
The USD1 Pairing Effect: $CA, $E, $C, and $MERL Join the Fray
Eager to discover the next $B, traders have taken to using USD1 as their benchmark. On platforms such as CoinMarketCap, traders filter out pretty much everything except for USD1, BNB, and a handful of active liquidity tokens, and a pattern quickly emerges: the top 10 most traded USD1 pairs are essentially BSC-based memecoins.
Among the top five, $CA has emerged as a notable contender. Though it launched earlier in February 2025, it wasn’t until May 24th that $CA added a USD1 trading pair. The impact was immediate: price and trading volume spiked as traders and bots piled in. With a self-described “Weather Perception System” feature and strong social traction, $CA now boasts a market cap of almost $10 million — a fraction of $B’s, but substantial nonetheless for a fast-rising memecoin.
👩💻BSC 网络 $USD1 交易对 Memecoin 数据一览
被 WLFI 买入并发推后，$B 市值已达 3.94 亿美元并成为 BSC 网络龙一代币，此前西蓝花大战中期待的大金狗，没想到在数月后的「USD1 大战」中出现了😂 DeFi 项目方们正忙于与 WLFI 建立业务合作，而链上则是更短平快的玩法 —— 接下来 P… https://t.co/70CvbORdEo pic.twitter.com/jpFTgOgWhh
— Ai 姨 (@ai_9684xtpa) May 26, 2025
The remaining contenders among the top five – $E and $C – continue to embody the “zoo token” meme archetype, relying on the old tropes and community storytelling that make them relevant. They are currently locked in an embrace that keeps their market caps around the $3 million area. Neither has visibly stepped in front of the other, which makes this token duel that much more dubious; if one dollar zoo token should be far enough along in its own narrative to exist without the other’s assistance, then why doesn’t it?
The only project among the top five that isn’t a memecoin is $MERL, a project that’s a shade more technical but still riding the wave of volume generated by the speculation surrounding the USD1 price point. To read some crypto Twitter timelines, though, this is very much a memecoin-dominated story.
What’s Next: Who Will Be the Next $B?
Tens of billions of dollars worth of transactions are now processed on the Binance Smart Chain every month, bringing onboard hundreds of thousands of new traders. A swelling number of memecoins pegged to the US dollar add to the BSC’s structural evolution from a playground for decentralized finance (DeFi) experiments to liquidity battle royale. This isn’t just happening in our imaginations; the transaction numbers tell the tale.
The present USD1 trading atmosphere is reminiscent of the early epochs of other memecoins, like Dogecoin’s resurgence against DOGE/BTC pairs, or the summer of Solana memes. What distinguishes the current boom in USD1, however, is its structural orientation: as a base layer, USD1 is becoming the new standard for meme trading on BSC.
As traders and developers look for the next big thing, they create an atmosphere of constant innovation, particularly in marketing and mechanics. Some aim for practical utility. Others are fully immersed in pure meme culture. Nevertheless, all are now sharing the same stage. That stage is worth about a dollar.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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