According to BlockBeats, on August 10th, GMGN monitoring showed a clear rotation in the BSC Meme ecosystem recently. Since CZ stated that he "supports all Meme coins and may buy or sell one or two Meme coins in the coming weeks," funds have not been concentrated on any one token, but rather have been constantly changing hands around the same question: What might CZ ultimately buy?

From a timeline perspective, this "coin guessing game" has gone through at least three rounds of dissemination.

In the first round, the market looked for answers in CZ's statement itself.

The initial focus was on GIGGLE. CZ's statement stemmed from the controversy surrounding the handling of Meme token donations received by Giggle Academy. Giggle Academy stated that such donations would typically be converted to BNB to support free education, and also claimed support for all Meme tokens, potentially buying or selling one or two tokens to test related features. This led to market speculation about "who is most likely to come under CZ's scrutiny."

Subsequently, funds began to seek out targets that simultaneously possessed "Binance association, low market capitalization, and new catalysts." Stock memes such as MarsCoin, Biyou, GPU, and JACKET were the first to attract attention, and the trading logic expanded from "which one to buy" to "which ones are most likely to gain exposure within the Binance ecosystem."

In the second round, funds began to return to the BSC classic meme and replicate the trading templates that had already proven successful.

TUT became the first clear example. After Aster launched TUT perpetual contracts, leveraged funds quickly entered and amplified the upward trend, and the market gradually formed a new trading formula: early BSC Meme + Aster's contract launch + leveraged funds.

This same scenario was quickly replicated in MUBARAK. Both TUT and MUBARAK are old BSC coins with strong Binance community memories, and funds began directly looking for the "next TUT".

In the third round, after the established memes completed their rotation, funds continued to spread to lower market capitalization and stronger various tags.

- BROCCOLI: CZ's pet terrier, belonging to the most direct CZ personal narrative asset;

- TST: The BNB Chain tutorial test coin unexpectedly became popular, representing a meme within the official ecosystem;

- BANANAS3 Binance Life: Already had a community foundation;

- New coins such as BOT: Trading volume has increased significantly, but a stable narrative has not yet been formed.

In this round of market activity, any token that simultaneously possesses Binance affiliation, community recognition, low market capitalization, and a new traffic entry point could become the next target for capital inflows.

CZ hasn't even bought it yet, but the market has already rehearsed over ten potential answers...

BlockBeats reminds users that the price of Meme coin fluctuates greatly, mainly depending on market sentiment, community enthusiasm, and narrative, and lacks stable fundamental support. Investors should be aware of the risks.

According to BlockBeats, on August 10th, data from Coinglass showed that as Bitcoin strengthened slightly, the current funding rates on major CEXs and DEXs indicate a significant weakening of the bearish market sentiment. Specific funding rates are shown in the attached chart.

BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain a balance between contract prices and the price of the underlying asset, typically applicable to perpetual contracts. It's a mechanism for exchanging funds between long and short traders; the trading platform does not charge this fee. It's used to adjust the cost or profit of traders holding contracts to keep the contract price close to the price of the underlying asset.

A funding rate of 0.01% represents the benchmark rate. A funding rate greater than 0.01% indicates a generally bullish market sentiment. A funding rate less than 0.005% indicates a generally bearish market sentiment.

According to BlockBeats, on August 10, Jefferies downgraded Apple's rating from "Hold" to "Underperform" and lowered its target price from $285.56 to $263.66.

According to BIT (bit.com) market data, Apple (AAPL.O) shares fell 1.3% in pre-market trading.