Memecoin Mania Drives BNB Chain DEX Volumes to $6 Billion

Binance Smart Chain (BNB) is experiencing a surge in decentralized exchange (DEX) trading activity, driven by the influx of memecoin traders. This growth has resulted in nearly $6 billion in daily volume on PancakeSwap alone. Experts point to the return of familiar DeFi platforms like PancakeSwap as key factors in this renewed interest and suggest that recent market shifts reflect a resurgence of liquidity seeking quick profits.