BSC meme coin BiYou surges over 1,200% before halving back as market cap reaches $11 million

The token spiked after a CZ post echoing a slogan previously used by Binance co-CEO He Yi, with 24-hour trading volume reaching $11.3 million, according to GMGN data.

Summary

BSC meme coin BiYou surged more than 1,200% before giving back roughly half of those gains, leaving its market capitalization at about $11 million as of publication, according to GMGN market data. The move followed a post by Binance founder CZ that said, "何必东奔西走 币安全部都有," a slogan that search results show Binance co-CEO He Yi had first mentioned publicly on X on July 2 and later repeated in posts on July 28 and July 31. GMGN data shows BiYou was created on July 28 and migrated to external trading on July 31, while 24-hour trading volume stood at $11.3 million. The sharp swing highlights how meme coins can react rapidly to social-media attention and narrative momentum, often producing outsized volatility.

Terms & Concepts
  • BSC: BNB Smart Chain, a blockchain network where tokens and decentralized applications are issued and traded.
  • meme coin: A token whose price is often driven more by internet culture, hype and community attention than by underlying utility.
  • market capitalization: The total market value of a token, usually calculated from its circulating supply and current price.