autorenew
BNB Season Heats Up: YZi Labs-Backed Protocols and Meme Token Opportunities

BNB Season Heats Up: YZi Labs-Backed Protocols and Meme Token Opportunities

The crypto world is buzzing with excitement as BNB Chain takes center stage. A recent thread from @S4mmyEth on X (formerly Twitter) has sparked a community-driven compilation of protocols backed by YZi Labs, the investment arm previously known as Binance Labs. With a whopping billion dollars in grant funding up for grabs, it's no wonder everyone's eyeing the next big winners in this ecosystem.

If you're new to this, YZi Labs is essentially Binance's venture capital wing, investing in promising blockchain projects. They've got a portfolio stacked with heavy hitters, and as BNB prices climb, these backed protocols are poised for some serious gains. Sammy's call for suggestions turned into a goldmine of recommendations, highlighting everything from wallets to DeFi platforms and even meme token launchers.

Why BNB Season Matters for Meme Tokens

BNB Chain, powered by Binance, is a hotspot for fast, low-cost transactions—perfect for the wild world of meme tokens. Unlike Ethereum's high gas fees, BNB lets creators and traders jump in without breaking the bank. With YZi Labs pumping funds into the ecosystem, we're seeing a surge in tools and protocols that make launching and trading memes easier than ever.

One standout from the thread is four.meme, dubbed the Pump.fun equivalent for Binance Smart Chain (BSC). Pump.fun revolutionized meme coin launches on Solana, and four.meme is doing the same for BNB. It allows anyone to create and deploy meme tokens quickly, fostering that viral, community-driven energy we love in the space. As @0xwitchy pointed out in the replies, it's already hosting some of the biggest memes on BSC, making it a prime candidate for bids during this season.

Top YZi Labs-Backed Protocols Highlighted

Drawing from the thread and YZi Labs' broader portfolio on CoinGecko, here are some key protocols getting attention:

  • TrustWallet ($TWT)​: Mentioned by @toptraders0x as a "sleeping giant." This is Binance's official wallet, supporting tons of chains and perfect for holding your BNB-based memes. It's user-friendly and secure, with potential to hit new highs as adoption grows.

  • Velvet Capital (@Velvet_Capital)​: As shared by @defivas, this DeFi platform lets you research, trade, and manage assets on BNB. It launched via Binance's IDO (Initial DEX Offering) and is backed by YZi Labs' Most Valuable Builder program. Great for meme traders looking to diversify.

  • Infrared Finance (@InfraredFinance)​: @SmokeyTheBera suggested studying this one. It's a liquidity protocol on BNB, helping with efficient token swaps—crucial for meme coin liquidity pools.

  • Lista ($LISTA)​: @uhonyn flagged this as a potential 3x mover. It's in YZi Labs' BNB ecosystem slides, focusing on decentralized lending and borrowing, which could boost meme token collateral options.

Other gems from the portfolio include Memecoin ($MEME), a straight-up meme token with YZi Labs backing, and platforms like PancakeSwap ($CAKE), the go-to DEX for BNB swaps where many memes first list.

Crowdsourcing the Next Big Thing

Sammy's thread isn't just a list—it's a call to action. Replies poured in with suggestions like Gata and even nods to broader ecosystem plays. This collaborative vibe is what makes crypto so dynamic. If you're into memes, keep an eye on launchers like four.meme, as they democratize token creation and could birth the next viral sensation.

For a full rundown of YZi Labs' investments, check out CoinGecko's category page. It's got over 165 projects, from gaming tokens like GALA and The Sandbox ($SAND) to DeFi staples like Curve DAO ($CRV).

Riding the BNB Wave

As BNB season ramps up, these YZi Labs-backed protocols offer a mix of utility and speculation. For meme enthusiasts, the low barriers on BNB Chain mean more opportunities to spot early gems. Whether you're trading $TWT or launching on four.meme, the ecosystem is ripe for exploration. Stay tuned— with billions in grants flowing, the rewards could be massive.

Remember, crypto is volatile, so always do your own research (DYOR) before diving in. What's your top pick from the list? Drop it in the comments!

You might be interested