The BNB Chain's "USD1 Trading Competition" has entered its final phase, with meme coins dominating the top market cap positions. As of the seventh day, EGL1, CDL, and Liberty lead the rankings, all established meme coins. Notably, EGL1 and Liberty were also part of a similar competition on the BSC chain last year. Meanwhile, newer meme coins like "BIG DON" and "An" have seen significant declines, dropping over 70% from their peaks, with market caps now around $17 million. Despite the downturn for some, other meme coins such as "Arctic Bear 2026" and "One" have experienced brief surges, with market values exceeding $10 million. The competition, which runs for 10 days, offers multiple incentives for the top three performers. Participation is open to projects with active USD1 liquidity pools, regardless of their creation date. However, investors are cautioned about the high volatility and speculative nature of meme coins, which often lack intrinsic value or practical use cases.