Binance Chain (BNB) Records $5.8M in Daily Fees... 'Broccoli' Effect
YM Lee
Summary
- Binance Chain (BNB)'s daily fees reached $5.8 million, surpassing Solana (SOL) and others.
- Fees surged after Binance co-founder CZ shared his pet dog's photo, leading to meme coin issuances.
- This change led to active trading on DEXs including PancakeSwap.
On the 13th, Binance Chain (BNB)'s daily fees surpassed all rival Layer 1 chains including Solana (SOL) and Ethereum (ETH).
According to CoinTelegraph on the 14th (local time), Binance Chain's daily fees on the 13th reached $5.8 million, surpassing Solana's $3.3 million.
CoinTelegraph explained, "After Binance co-founder CZ posted a photo of his pet dog Broccoli, numerous meme coins were issued on multiple DEXs including PancakeSwap, generating massive fees."
YM Lee
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