The BSC on-chain meme market "filtering out the dross and keeping the essence" sees most KOLs closing all positions and reducing positions on recently popular memes.

GIGGLE-1.51%
BlockBeats news, on November 5th, according to GMGN monitoring, influenced by recent market fluctuations, the overall attention and funds on the BSC blockchain have seen a partial decline. Most crypto KOLs (such as Wang Xiaoer, 0xSUN, etc.) have recently made significant close all positions and reduce position in the popular meme coins since October. Moreover, only a few high market capitalization memes such as "Binance Life", "Hakimi", and "GIGGLE" have been partially retained by some KOLs, while most other meme coins have also been largely closed.
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Celebrationvip
· 2025-11-06 20:48
Looks like the meme wave on BSC is cooling off! Only the strongest projects with real traction are surviving natural market filtering at work.
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