The meme coin $B (BUILDon) just saw one of the biggest single-day pumps across the BNB Chain, after Trump-linked World Liberty Financial (WLFI) publicly backed the project and confirmed it had purchased a chunk of the tokens. The price surged over 500% within 24 hours, catching most of the market by surprise.
On Thursday morning, WLFI put out a tweet stating it had bought over 636,000 $B tokens by spending around 25,000 USD1 — a stablecoin created by WLFI in partnership with Binance. The move wasn’t just a verbal endorsement. The transaction was visible on-chain, giving the market a clear signal that this wasn’t just hype.
Once the announcement went live, things moved quickly. $B’s market cap jumped from around $40 million to nearly $140 million in just 20 minutes. At the time of writing, the token is sitting at a market cap of over $217 million with a price of $0.2178.
The 24-hour trading volume also saw a massive spike, hitting $742 million, up over 700% from the previous day.
WLFI said in its statement that it sees BUILDon playing a role in increasing the liquidity and use cases of USD1 on BNB Chain. The total circulating supply of USD1 has already crossed 2.13 billion, with over 90% deployed on BNB Chain.Â
Interestingly, among all non-stablecoin trading pairs connected to USD1, $B has consistently held one of the highest trading volumes, sometimes making up more than 90% of it.
Right now, WLFI’s surprise support has thrown $B straight into the spotlight. It’s too early to say if this momentum will last or fade like most meme coin spikes, but one thing’s clear — Thursday’s move stirred up the market in a big way.
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