On December 5, according to GMGN monitoring, the market cap of the meme coin Bibi has risen significantly since December 3, influenced by the recent appearance of Bibi mascot plush toys at numerous CEX global event venues. The token surged from a market cap low of around $1.7 million to a peak of $13.8 million, with the market interpreting it as a potential “new mascot” for CEX. Its market cap has since pulled back from the high and is currently about $8 million, with a unit price of approximately $0.008.
During the same period, public comments by CEX’s new CEO, He Yi, regarding another meme coin, PALU, also attracted market attention. He Yi stated, “PALU is employee-led, and I do not oppose internal trial and error.” As a result, PALU’s market cap began rising from around $6 million, peaking at $9.7 million. Its market cap has also experienced a correction and is now about $7 million, with a unit price of approximately $0.007.
PALU originated from a Mid-Autumn Festival mascot creation competition within the community, with its design blending the reunion symbolism of the festival and the creature imagery from the popular game “Palworld.” The token was launched on October 4, 2025. Shortly after its debut on CEX Alpha with a market cap of less than $3 million, it once reached a peak market cap of $130 million.
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The "mascot" concept within the BSC ecosystem is gaining popularity, with the market caps of BIBI and PALU surging and then pulling back.
On December 5, according to GMGN monitoring, the market cap of the meme coin Bibi has risen significantly since December 3, influenced by the recent appearance of Bibi mascot plush toys at numerous CEX global event venues. The token surged from a market cap low of around $1.7 million to a peak of $13.8 million, with the market interpreting it as a potential “new mascot” for CEX. Its market cap has since pulled back from the high and is currently about $8 million, with a unit price of approximately $0.008.
During the same period, public comments by CEX’s new CEO, He Yi, regarding another meme coin, PALU, also attracted market attention. He Yi stated, “PALU is employee-led, and I do not oppose internal trial and error.” As a result, PALU’s market cap began rising from around $6 million, peaking at $9.7 million. Its market cap has also experienced a correction and is now about $7 million, with a unit price of approximately $0.007.
PALU originated from a Mid-Autumn Festival mascot creation competition within the community, with its design blending the reunion symbolism of the festival and the creature imagery from the popular game “Palworld.” The token was launched on October 4, 2025. Shortly after its debut on CEX Alpha with a market cap of less than $3 million, it once reached a peak market cap of $130 million.