BSC Trading Bot Volumes Collapse 90% Post-Meme Token Frenzy
Transaction volumes for BSC-based Trading Bots have plummeted 90% from last week's peak, according to on-chain analyst Adam (@Adam_Tehc). Platforms like GMGN and Photon, which processed $500 million daily during the TRUMP token launch, now face a stark downturn.
The abrupt decline follows a surge in retail activity around meme tokens and politically themed assets. Market fatigue appears to be the driving force rather than a loss of underlying interest, highlighting the cyclical nature of bot-driven trading on BNB Chain.
Meanwhile, AI-powered trading tools face their own challenges. Bankr, an autonomous crypto trading assistant, was recently banned from Telegram for alleged terms of service violations before resurfacing on X.