Home > Information news > Why is Biaoqing (BIAO) Price Surging? Experts Call It China’s Pepe Meme Coin

Why is Biaoqing (BIAO) Price Surging? Experts Call It China’s Pepe Meme Coin

Release: 2024/06/16 18:03 Reading: 461

Original author:CaptainAltcoin

Original source:https://coinmarketcap.com/community/articles/666eb1a1426f560839225eb7

Why is Biaoqing (BIAO) Price Surging? Experts Call It China’s Pepe Meme Coin

Biaoqing (BIAO): China's Soaring Meme Coin

Biaoqing (BIAO) has experienced a remarkable price increase, fueled by a surge in economic activity in China after the lifting of cryptocurrency restrictions. According to CoinMarketCap, BIAO's price soared by 204.85% within 24 hours, reaching $0.035893 with a trading volume of $14,276,030.

Driving Forces of BIAO's Surge

Crypto enthusiasts have played a crucial role in promoting BIAO as Asia's leading meme coin. AlphaSeeker21, a prominent influencer, highlighted BIAO's unique status as a Chinese creation, predicting its potential to reach "billions."

The Biaoqing community has garnered praise for its strong network of influencers and dedicated followers. This community has contributed to BIAO's all-time highs and fueled the bullish sentiment surrounding the coin.

Cultural Relevance and Meme Status

Unclebobcrypto, another influential figure, emphasized BIAO's iconic status as the "Pepe of China." Its cultural relevance has played a significant role in its popularity. Traders are advised to stay vigilant as "fading memes like these can be perilous."

Anticipation for Cryptocurrency Exchange Listing

Although BIAO is yet to secure a major cryptocurrency exchange listing, anticipation is building around a potential announcement. Trader Anon suggested that traders consider entering before "a new floor is set."

Biao Invaders Game

To engage its community, the Biaoqing team launched a Telegram game called "Biao Invaders." Players compete against popular memes like Doge and Pepe to establish BIAO as the "biggest meme from the East." This innovative approach has strengthened the project's connection with its fanbase.

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