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The USD1 Transaction Event Concludes But Results Yet to be Announced: Traditional Meme Coins Occupy Top Three Market Cap Spots, with New Coins "memes" and "peace" Following Suit
BlockBeats News, January 26, according to GMGN monitoring, the results of the BNB Chain's "USD1 Trading Competition" that ended yesterday have not yet been announced. Currently, the top three in market value are all well-known Meme coins, namely EGL1, CDL, and Liberty. EGL1 and Liberty both participated in a similar competition from May to July last year.
Newly rising Meme coins have shown divergent performances. Previously popular coins like "BIG DON" and "1" have fallen to less than $5 million in market value. However, "memes" and "An" still maintain a certain scale, with current market values of approximately $12.5 million and $10 million, ranking fourth and fifth in market value, respectively. The price of "An" has fallen by about 80% from its peak.
According to the official announcement, the trading competition ended at 8:00 am on the 25th (Beijing time). The top three winners of this competition will receive multiple incentives, and the specific criteria for winning have not been announced. There is no token creation time limit for participation eligibility. The eligible USD1 trading pairs mainly include projects created based on USD1 on Four meme or other Four meme projects with an active USD1 liquidity pool.
BlockBeats reminds users that Meme coin trading is highly volatile, heavily reliant on market sentiment and hype, lacks practical value or use cases, and investors should be aware of the risks.
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WEEX P2P update: Country/region restrictions for ad posting
To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.
I. Overview
When publishing P2P ads, advertisers can now set the following:
Allow only counterparties from selected countries or regions to trade with your ads.
With this feature, you can:
Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.
II. Applicable scenarios
The following are some common scenarios:
Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.
III. How to get started
On the ad posting page, find "Trading requirements":
Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.
When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:
If you encounter this issue when placing an order as a regular user, try the following solutions.
Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.
IV. Benefits
Compared with ads without country/region restrictions, this feature provides the following improvements.
Aspect
Improvement
Trading security
Reduces abnormal orders and fraud risk
Conversion efficiency
Matches ads with more relevant users
Order completion rate
Reduces failures caused by incompatible payment methods
V. FAQ
Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.
Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.
Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.
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