Meme coins on the Binance Smart Chain (BSC) have surged following the relaunch of BNB Chain's 10-day "USD1 Trading Competition." Coins that previously performed well in the earlier competition have seen significant gains, with some older USD1 pool Meme coins experiencing over 300% increases before retreating. Notably, coin B rose 6% in the past 24 hours, reaching a market cap of $24.8 million, while EGLD saw a 29% increase, with a market cap of $22.2 million. Coin E surged 110% to a peak market cap of $1.9 million before dropping to $400,000. The first USD1 tournament, set for May to July 2025, will be hosted by WLFI, BUILDon, Four.meme, PancakeSwap, and BNB Chain, with rewards exceeding 1 million USD1 tokens. BlockBeats cautions investors about the high volatility and speculative nature of Meme coins, which often lack intrinsic value or practical use cases.