Cointime

Download App
iOS & Android

BIBI: The goal is MemeCoin's King of the Sky

Cointime Official

Recently, due to the skyrocketing of PEPE and the surge of many BRC-20 MemeCoins, the new season of MemeCoin boom is sweeping again. Compared with the previous dog flying all over the sky, this season's MemeCoin has added many different colors-the frog has become the dominant narrative. This can't help but make people lament the vigorous vitality of MemeCoin again.

Under this upsurge, a large amount of hot money has gradually poured into the MemeCoin market, and many new MemeCoins have sprung up like mushrooms after rain. In this context, which MemeCoin can take over PEPE and become a market leader?

Today we are going to introduce a MemeCoin that has recently become popular on the BSC chain - BIBI.

BIBI: The goal is MemeCoin's King of the Sky

Due to the MemeCoin craze brought about by PEPE, on May 17, 2023, a space discussion on the possibility of launching its own MemeCoin was launched on Chinese Twitter. The results of this discussion show that people hope that a decentralized MemeCoin can emerge, rather than a MemeCoin that only benefits a few project parties.

In the end, zhouyongyou from Taiwan voluntarily stood up to help issue tokens to complete the contract, and sent 100% of the tokens to the liquidity pool. The LP tokens were destroyed and the contract was abandoned. This means that this is a token that is not controlled by the project party, and the development of the project will be fully operated by the community.

After confirming the fairness of the token, people began to fully carry out the development planning of the project. Therefore, in just one day, the community completed the division of labor, and established independent organizations such as Telegram group, Twitter group, and DC community within a dozen hours.

BIBI, the MemeCoin project from the large-scale social experiment of Web3, started his journey here.

The first SPACE also decided that BIBI's mascot changed from the original frog to the current phoenix through online voting.

From BIBI's point of view, the MemeCoin circle already has Doge Shiba Inu on land and pepe frog in water, and the MemeCoin king in the air will be BIBI Phoenix.

Since it is a temporary community, BIBI relies on voluntary volunteers to initiate and organize activities, so it was not smooth in the early stage. There was even a problem of being unable to control the rhythm, which made the online content counterproductive, and this also caused a lot of selling pressure on the currency price. But the BIBI team quickly accepted others' suggestions and immediately improved its deficiencies.

As the popularity of BIBI continues to ferment on Twitter, more and more people are beginning to realize that BIBI is an ownerless currency with no project party and join in.

At the same time, there are also many non-profit volunteers who have organized graphic groups, marketing groups, operation groups and other organizations to efficiently complete the tasks of setting up the official website, listing on the exchange, and applying for double C.

After two days of accumulation, the MEME effect of BIBI began to spread in various communities in the Chinese community. BI friends began to spread viral marketing in various circles, and more people began to know about this project.

More and more people are beginning to hope that BIBI Phoenix will become the representative of MemeCoin in the Chinese circle, because in the entire market, MemeCoin is popularized by foreign countries, but the Chinese circle does not have its own MEME culture.

Market Performance

According to data from CoinMarketCap, as of May 25, 2023, the total market value of BIBI is $2,454,059, the 24-hour trading volume is $874,983, the latest price is $0.000000000583353, and there are more than 14,000 currency-holding addresses. The number of community volunteers exceeded 200. At the same time, it ranks first in the Bsc chain hot search list, increase list, and new coin list.

The above data is already very impressive for a project that lacks funds and professional teams.

It is worth mentioning that the slogan on BIBI's official website is also very interesting:

"$BIBI, useless MemeCoin with no taxes or expectations, purely for entertainment purposes.

$BIBI is a MemeCoin with no intrinsic value or expectation of financial return.

This token is completely useless and is for entertainment purposes only. "

BIBI's team stated that they hope to make BIBI the king of MEME on the BSC chain, and at the same time build the largest MEME community in the Chinese circle. Therefore, in the short term, it will not have too many plans to empower and develop other infrastructure such as NFT.

During this period, it will fully manage the community, let more people know BIBI, buy BIBI, and continue to produce BIBI-related cultural content, and promote BIBI to mainstream exchanges.

Epilogue

As a MemeCoin project independently operated by the community, BIBI has already achieved good results in the market. Although MemeCoin projects on major public chains have emerged one after another, the BIBI team still hopes to make it the King of the Sky for MemeCoin and build the largest MEME community in the Chinese community.

In the near future, the BIBI team will try its best to manage the community, let more people know, buy and hold BIBI, and continue to produce BIBI-related cultural content. In the future, we can expect to see BIBI rapidly spread and increase its influence in the Chinese circle, becoming a dark horse in MemeCoin.

Comments

All Comments

Recommended for you

  • U.S. July Nonfarm Payrolls Fall by 23,000, Missing Market Expectations

    On August 7, U.S. nonfarm payrolls decreased by 23,000 in July, compared with market expectations of an increase of 80,000, and the previous value was an increase of 57,000.

  • US May and June Nonfarm Payroll Additions Revised Down by 103,000 Combined

    On August 7, the US Bureau of Labor Statistics: May nonfarm payroll additions were revised down from 129,000 to 63,000; June nonfarm payroll additions were revised down from 57,000 to 20,000. After the revisions, the combined additions for May and June were 103,000 lower than previously reported.

  • U.S. Rate Futures Market Sees Lower Odds of Fed September Hike

    On August 7, the probability of a Fed rate hike in September as priced by U.S. interest rate futures declined.

  • New York Gold Futures Top $4,400 per Ounce

    New York gold futures topped $4,400 per ounce, up 2.36% on the day.

  • Japan Finance Minister: FX Market Affected by Moves Not Driven by Actual Demand

    Japanese Finance Minister Satsuki Katayama said she and U.S. Treasury Secretary Bessent agreed that the foreign exchange market has been affected by moves not driven by actual demand.

  • BTC Breaks Through $65,000

    Market data shows BTC has broken through $65,000, currently reported at $65,007.44, with a 24-hour increase of 0.6%. The market is highly volatile, please exercise risk control.

  • Brent Crude Drops 2.00% Intraday to $81.07/Barrel

    Brent crude oil fell 2.00% during the day, now at $81.07 per barrel. (Jin Shi)

  • Trump: Data Centers May Be More Important Than Oil

    August 7 news, U.S. President Trump said in an interview with Punchbowl News, "I saw the other day that Texas seems to be opposed to building data centers. I think that's a mistake. I'm not taking a position—I just think it's a mistake, because there are other communities that want to build data centers. When a community is willing to accept data centers, it means a lot of money will flow into that community. I don't think they're ugly. Some of the data centers I've seen are the most incredible buildings I've ever seen. They are very important to the economy. If Texas says no to data centers, that's a mistake, because data centers may be more important than oil."

  • Trump to Meet with Mining Executives

    On August 7, according to CCTV International News, US President Trump will convene executives from some of the world's largest mining companies at the US State Department on August 7 local time, in an effort to take action to 'secure critical mineral supplies for the US and its allies.' Reuters reported that the US urgently needs critical minerals to replenish weapons inventories depleted during the war against Iran. During the more than five-month war with Iran, the US military expended large quantities of precision-guided missiles and air defense interceptors. US defense officials and lawmakers have warned that given existing production capacity constraints, replenishing some stockpiles could take years—although the Trump administration has denied reports of a so-called 'severe shortage of ammunition stockpiles.' According to Pentagon officials and defense companies, supplies of minerals such as rare earths, tungsten, germanium, and scandium are essential for manufacturing precision-guided missiles, fighter jets, armored vehicles, infrared sensors, and other advanced weapons systems. Expected attendees include industry giants such as global mining giant Rio Tinto Group, Australia's BHP, US Freeport-McMoRan, US Mountain Pass Materials, US Rare Earths, US Energy Fuels, and Canada's Metals Company. According to sources, the Trump administration plans to announce multiple deals and memorandums of understanding.

  • US Regulators Systematically Review Chinese AI Firms' Third-Country Computing Power Leasing

    August 7 news, according to Bloomberg, people familiar with the matter revealed that the U.S. government department responsible for investigating chip export control violations is reviewing Chinese AI companies' leasing of computing power in third countries to obtain Nvidia advanced chips.