What is PALU?

PALU is a meme token on the BNB Chain that riffs on Binance’s meme culture. It’s often called “Palu the 8th builder” or the “Binance Web3 mascot,” represented by a yellow, overworked emoji character that pokes fun at the Web3 grind. The imagery has appeared on Binance’s Chinese X account (binancezh), which helped the meme spread quickly. Like most meme coins, PALU leans into a community-first narrative and fast-moving, social-driven trading.

Contract address (BSC): 0x3a9f66db8d4cb5ba894b1d9fd3c74cb1646b0a2c

You can verify it on BscScan: https://bscscan.com/token/0x3a9f66db8d4cb5ba894b1d9fd3c74cb1646b0a2c

Supply and Tokenomics at a Glance

• Total supply: 1,000,000,000 PALU
• 0% tax: The project markets zero transaction taxes, so buyers and sellers aren’t charged extra fees by the token contract.
• Liquidity locked: Over 99% of liquidity is reportedly locked, which is meant to reduce rug-pull risk by restricting access to the liquidity pool.
• Renounced contract: The contract is stated to be renounced, meaning the deployer has given up ownership rights. In theory, this reduces centralized control and surprise changes.

On circulating supply and market cap, there’s a notable data discrepancy across tracking sites:

• CoinMarketCap lists a self-reported circulating supply of 1B PALU with a self-reported market cap around $622,747.07.
• CoinGecko also shows 1B circulating, but a market cap near $9,376.21.

Why the difference? Market cap feeds for meme tokens are often self-reported, rely on different price sources or liquidity pools, and may update at different cadences. Always cross-check multiple trackers before making decisions.

References:

• CoinMarketCap: https://coinmarketcap.com/currencies/binances-palu/
• CoinGecko: https://www.coingecko.com/en/coins/palu-the-8th-builder

Use Case and Narrative

As a meme token, PALU’s primary “utility” is social. The project aims to be a tax-free, community-owned token where holders learn, build, and share memes. There’s no complex DeFi utility advertised; instead, traction depends on community engagement, social virality, and broader meme coin sentiment on BNB Chain.

Where to Trade and Track PALU

• PancakeSwap (v2): PALU/WBNB is tradable on PancakeSwap. Always double-check the contract before swapping.
• GMGN.AI: For fast tracking and trading, see PALU’s page on GMGN.AI. GMGN.AI offers meme coin analytics, smart money tracking, security checks, and automated trading tools to help you navigate volatility.

Tip: When using any trading interface, confirm slippage settings, review pool liquidity, and verify contract addresses to avoid imposters.

Community and Brand Links

PALU’s narrative has piggybacked on Binance-themed memes, especially in Chinese-speaking communities. Core links:

• Telegram: https://t.me/bscpaluCommunity
• X (for meme context): https://twitter.com/binancezh

Note: Meme association does not equal endorsement. Treat social memes as marketing—not validation.

Recent Activity and Market Behavior

PALU has seen bursts of speculative interest, often moving in tandem with broader BNB Chain meme rotations. Trading has included liquidity testing and sharp spikes typical of micro-cap meme coins. Such moves can reverse quickly, so approach position sizing with caution.

Risk Factors to Consider

• Volatility: Meme tokens can swing dramatically within hours. Only invest what you can afford to lose.
• Narrative dependence: With limited utility beyond memes, PALU’s value hinges on social buzz and consistent community engagement.
• Data inconsistencies: Self-reported metrics and differing data sources can create confusion around market cap and circulating supply.
• Smart contract context: “Renounced” and “liquidity locked” reduce some forms of risk, but they don’t eliminate price risk, whale activity, or market manipulation.

How to DYOR on PALU (Simple Checklist)

• Verify the contract address on BscScan and match it in any swap UI.
• Compare prices and liquidity on multiple trackers (CoinMarketCap, CoinGecko, and DEX aggregators).
• Review the liquidity lock details (how much, where, and for how long).
• Monitor community channels to gauge activity and sentiment (Telegram, X).
• Use tools that flag honeypots or hidden taxes before trading.
• Track on-chain flow: wallet distribution and top holder behavior can signal concentration risks.

Why Traders Use GMGN.AI for Meme Coins

For active participants in meme markets, GMGN.AI provides:

• Real-time analytics across multiple chains.
• Smart money tracking to follow top wallets.
• Security checks for risks like honeypots or high taxes.
• Automated trading and strategy mirroring for faster execution.

You can jump straight to PALU’s analytics and trading tools here: https://gmgn.ai/bsc/token/fV1R5sZ5_0x3a9f66db8d4cb5ba894b1d9fd3c74cb1646b0a2c

Quick Links

• PancakeSwap: https://pancakeswap.finance/
• GMGN.AI PALU page: https://gmgn.ai/bsc/token/fV1R5sZ5_0x3a9f66db8d4cb5ba894b1d9fd3c74cb1646b0a2c
• BscScan (contract): https://bscscan.com/token/0x3a9f66db8d4cb5ba894b1d9fd3c74cb1646b0a2c
• CoinMarketCap: https://coinmarketcap.com/currencies/binances-palu/
• CoinGecko: https://www.coingecko.com/en/coins/palu-the-8th-builder
• Telegram: https://t.me/bscpaluCommunity

Disclaimer: Nothing here is financial advice. Meme tokens are highly speculative. Do your own research and manage risk carefully.