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Cryptocurrency News Articles
BUILDon, Backed by Binance Alpha + WLFI in One Week
May 22, 2025 at 12:24 pm
Today, the DeFi project World Liberty Financial, associated with the Trump family, officially released a tweet on X, clearly supporting the BSC cultural mascot meme coin $B "BUILDon," and purchased approximately $25,000 worth of $B.
Today, the DeFi project World Liberty Financial, associated with the Trump family, officially announced on X its support for the BSC cultural mascot meme coin $B "BUILDon" and purchased approximately $25,000 worth of $B.
This news caused a stir in the market, with the token's market cap skyrocketing from $40 million to $140 million within 20 minutes, currently quoted at $180 million.
This is not the first time WLFI has publicly supported a "Meme Coin," and it hides a clear logical chain from WLFI, USD1, Fourmeme, Binance Alpha, to the BNB Chain stable asset strategy. The narrative of using memes to "advertise" stablecoins is rapidly taking shape.
Buildon, Backed by Binance Alpha + WLFI in One Week
In fact, $B is not a new coin; it was first launched on the BNB Chain through the Meme Launchpad platform Fourmeme in April this year.
As early as the beginning of April, clues about $B were already hidden in the images of Fourmeme's tweets, and the caption of this X tweet was "Through the Meme forest, the final clue is waiting."
Initially, the trading pair was bound to BNB, with a market cap fluctuating between $2.5 million and $5 million. Although the market cap was not low, due to general trading activity, it did not attract widespread attention in the early stages.
$B welcomed a turning point in mid-May. On May 15, the BUILDon project team officially announced the addition of $USD1 as a core trading pair. This was a structural transformation and the first step for $B to begin linking with the WLFI ecosystem.
From that moment on, the narrative of $B shifted from being a BNB Chain mascot to a core token bound to $USD1, beginning to absorb the liquidity of $USD1 and laying the groundwork for greater "cooperation" in the future.
On May 17, just two days after adding the $USD1 trading pair, BUILDon announced a trading competition for $USD1 in collaboration with the Fourmeme platform, with a prize pool of up to $200,000, provided by the BUILDon project team.
BUILDon stated in the event details that the activity aims to "become the first on-chain project to fully support and integrate the $USD1 stablecoin and will actively respond to BNB Chain's mission to promote $USD1."
Data also confirmed this, as during the following days of the event, $B accounted for over 50% of the total trading volume of $USD1 across the entire chain, becoming the actual main pool for $USD1.
Four days later, BUILDon went live on Binance Alpha, along with $MERL and $TGT, but the link in Binance's official tweet directly led to the trading page for $B. However, market reaction was tepid, with attention garnered far less than tokens like MERL, and the price only rose by a maximum of 50%.
This morning, WLFI officially announced on social media its support for the meme project $B and completed the token purchase operation through an on-chain address. Following this announcement, the market price of $B rapidly surged, with its market cap rising from approximately $40 million to about $150 million in a short time, significantly increasing trading volume and becoming one of the more popular meme projects on the BNB Chain.
The USD1 stablecoin launched in collaboration with WLFI and Binance currently has a total issuance of over 2.13 billion tokens across the network, with over 90% deployed on the BNB Chain; among all its non-stablecoin trading pairs, $B has long dominated trading volume, at times accounting for over 90%.
USD1, Under Regulatory Scrutiny, and Trump's $2 Billion "Conspiracy" with CZ
On May 22, according to crypto journalist Eleanor Terrett, the stablecoin "GENIUS Act" passed the debate motion with 69 votes in favor and 31 against, entering the amendment process. This act could become the first federal-level regulatory framework for stablecoins in the U.S., widely regarded in the industry as potentially reshaping the entire stablecoin market landscape.
However, prior to this, the GENIUS Act faced fierce opposition from Democrats during its initial Senate vote.
On May 9, the U.S. Senate rejected the bill, with Democrats collectively blocking its advancement. They demanded the inclusion of explicit provisions prohibiting executive officials, including President Trump and his family members, from holding or trading cryptocurrencies, and strengthening anti-corruption clauses.
Just two days ago, Democratic Senator Elizabeth Warren stated, "Trump has used his stablecoin to reach a $2 billion deal with a dubious fund in the UAE. The Senate will
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