{"id":407522,"date":"2025-10-09T08:04:25","date_gmt":"2025-10-09T02:34:25","guid":{"rendered":"https:\/\/dripp.zone\/news\/made-in-china-tokens-outperform-broader-crypto-market-crypto-news\/"},"modified":"2025-10-09T08:15:31","modified_gmt":"2025-10-09T02:45:31","slug":"made-in-china-tokens-outperform-broader-crypto-market-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/made-in-china-tokens-outperform-broader-crypto-market-crypto-news\/","title":{"rendered":"\u2018Made in China\u2019 Tokens Outperform Broader Crypto Market &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p>BNB, Mantle, and Aster lead gains amid a renewed memecoin frenzy on BNB Smart Chain.<\/p>\n<div>\n<p>The \u201cMade in China\u201d category on CoinGecko rallied sharply this past week, led by digital assets such as <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/prices\/binancecoin\" target=\"__blank\" rel=\"noopener noreferrer \">BNB<\/a>, Mantle (MNT), and Aster. <\/p>\n<p>This category, which comprises cryptocurrencies with strong ties to China, now has a total market cap of $244 billion, up 5.2% over the past 24 hours and outperforming the broader crypto market, which has declined 0.4% during the same period.<\/p>\n<figure><figcaption class=\"text-center text-xs\">Top &#8216;Made in China&#8217; Coins<\/figcaption><\/figure>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/blockchains\/mantle-becomes-largest-zk-rollup-chain-after-latest-upgrade\" target=\"__blank\" rel=\"noopener noreferrer \">MNT<\/a>, the native token of the Ethereum Layer 2 (L2) network, was the standout performer, surging 42.5% over the past week to a market capitalization of $8.7 billion. This comes shortly after the L2 completed its <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/blockchains\/mantle-becomes-largest-zk-rollup-chain-after-latest-upgrade\" target=\"__blank\" rel=\"noopener noreferrer \">upgrade to OP Succinct in mid-September,<\/a> making the ByBit-affiliated blockchain the largest zero-knowledge (ZK) rollup by total value locked (TVL).<\/p>\n<p>BNB followed, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/markets\/bitcoin-sets-all-time-high-above-126000\" target=\"__blank\" rel=\"noopener noreferrer \">rallying 29% to $1,319,<\/a> just shy of its all-time high of $1,330 set on Tuesday. The surge has pushed BNB\u2019s market cap above $182 billion, making it the third-largest digital asset by market capitalization.<\/p>\n<p>Experts say the broader rally is being fueled by both narrative and capital \u2013 including growing activity on the <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/blockchains\/bnb-chain-active-users-reach-all-time-high\" target=\"__blank\" rel=\"noopener noreferrer \">Binance Smart Chain (BSC)<\/a> and the recent launches of tokens like STBL and <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/defi\/aster-token-soars-as-perpetual-dex-mania-rages-on\" target=\"__blank\" rel=\"noopener noreferrer \">Aster<\/a>. Aster has climbed 19.4% over the past week to a market cap of $3.3 billion.<\/p>\n<h2>Memecoin Mania<\/h2>\n<p>\u201cAnything associated with or built on the Binance Chain\/BNB is doing very well, but you can mostly attribute the recent activity to the memecoin pump in BNB\u2019s ecosystem, even Binance\u2019s founder, CZ, is active in it,\u201d Jonathan Morgan, Senior Crypto Analyst at Stocktwits, told The Defiant. <\/p>\n<p>A standout this week was the \u201c<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/dexscreener.com\/bsc\/0xf0a949d3d93b833c183a27ee067165b6f2c9625e\" target=\"__blank\" rel=\"noopener noreferrer \">4<\/a>\u201d memecoin, which surged to a $300 million market capitalization in a matter of days. In early 2023, Binance co-founder Changpeng \u201cCZ\u201d Zhao began tweeting &#8220;4&#8221; to signal to his followers to ignore FUD (fear, uncertainty, doubt), fake news, and attacks on Binance.<\/p>\n<figure><img alt=\"4 Chart\" loading=\"lazy\" width=\"798\" height=\"564\" decoding=\"async\" data-nimg=\"1\" class=\"mx-auto\" style=\"color:transparent;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(\"data:image\/svg+xml;charset=utf-8,%3Csvg xmlns='http:\/\/www.w3.org\/2000\/svg' viewBox='0 0 798 564'%3E%3Cfilter id='b' color-interpolation-filters='sRGB'%3E%3CfeGaussianBlur stdDeviation='20'\/%3E%3CfeColorMatrix values='1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 100 -1' result='s'\/%3E%3CfeFlood x='0' y='0' width='100%25' height='100%25'\/%3E%3CfeComposite operator='out' in='s'\/%3E%3CfeComposite in2='SourceGraphic'\/%3E%3CfeGaussianBlur stdDeviation='20'\/%3E%3C\/filter%3E%3Cimage width='100%25' height='100%25' x='0' y='0' preserveAspectRatio='none' style='filter: url(%23b);' href='data:image\/jpeg;base64,\/9j\/2wBDAAYEBQYFBAYGBQYHBwYIChAKCgkJChQODwwQFxQYGBcUFhYaHSUfGhsjHBYWICwgIyYnKSopGR8tMC0oMCUoKSj\/2wBDAQcHBwoIChMKChMoGhYaKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCj\/wAARCAAHAAoDASIAAhEBAxEB\/8QAFgABAQEAAAAAAAAAAAAAAAAAAAMI\/8QAGhAAAgMBAQAAAAAAAAAAAAAAAAECAyERMv\/EABQBAQAAAAAAAAAAAAAAAAAAAAP\/xAAUEQEAAAAAAAAAAAAAAAAAAAAA\/9oADAMBAAIRAxEAPwDPcrOZLWVV2eUAON\/\/2Q=='\/%3E%3C\/svg%3E\")\" srcset=\"\/_next\/image?url=https%3A%2F%2Fcdn.thedefiant.io%2Fpasted-1759956133879-png-90378023-5d9e-4914-97e5-d140dbce822a.png&#038;w=828&#038;q=100 1x, \/_next\/image?url=https%3A%2F%2Fcdn.thedefiant.io%2Fpasted-1759956133879-png-90378023-5d9e-4914-97e5-d140dbce822a.png&#038;w=1920&#038;q=100 2x\" src=\"https:\/\/thedefiant.io\/_next\/image?url=https%3A%2F%2Fcdn.thedefiant.io%2Fpasted-1759956133879-png-90378023-5d9e-4914-97e5-d140dbce822a.png&#038;w=1920&#038;q=100\"\/><figcaption class=\"text-center text-xs\">4 Chart<\/figcaption><\/figure>\n<p>Even BROCCOLI \u2013 a token inspired by CZ\u2019s dog \u2013 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/newsletter\/defi-daily\/what-s-behind-bnb-szn\" target=\"__blank\" rel=\"noopener noreferrer \">surged 45% yesterday<\/a> and 71% over the week.<\/p>\n<h2>Aster Hype<\/h2>\n<p>Morgan noted that another significant driver is Aster, the newest perpetual decentralized exchange (DEX) backed by Binance-linked YZi Labs that rapidly soared to a TVL of over $2.4 billion. <\/p>\n<p>\u201cAster has risen quickly and now challenges the reigning perp DEX king, Hyperliquid, supplanting it overnight,\u201d Morgan said. \u201cAster\u2019s rise can be directly attributed to BNB\u2019s \u2013 they\u2019ve moved in sync in a kind of \u2018too-good-to-be-true\u2019 fashion.\u201d<\/p>\n<p>George Keenan, the Vice President of Narrative and Market Strategy at Hype, echoed Morgan\u2019s sentiment. \u201cThe answer is high-level narrative momentum leading to disproportionately large capital inflows from Solana to BSC,\u201d Keenan said.<\/p>\n<p>He explained that BNB reaching an all-time high, the Aster token launch, and the BSC memecoin frenzy have all culminated in \u201cChina season.\u201d <\/p>\n<p>\u201cI&#8217;d expect this to cool off in the coming weeks as tokens cannot go up forever, profits will be taken, and inflows from Solana are not unlimited; however, it&#8217;s certainly captured a huge amount of mindshare and momentum,\u201d Keenan said.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BNB, Mantle, and Aster lead gains amid a renewed memecoin frenzy on BNB Smart Chain. The \u201cMade in China\u201d category on CoinGecko rallied sharply this past week, led by digital assets such as BNB, Mantle (MNT), and Aster. This category, which comprises cryptocurrencies with strong ties to China, now has a total market cap of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":407523,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-407522","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/407522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=407522"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/407522\/revisions"}],"predecessor-version":[{"id":407524,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/407522\/revisions\/407524"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/407523"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=407522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=407522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=407522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}