The cryptocurrency community is witnessing a surge in meme coin trading challenges and competitions. BNBCHAIN has launched the #MemeOnBNB challenge, offering participants a chance to win a share of $1,000 in BNB. To enter, participants must follow BNBCHAIN on X, trade meme coins on the Binance Smart Chain (BSC), and share a screenshot of their trade with the hashtag #MemeOnBNB. Additionally, HTX_Global has initiated a $MEMEFI Futures Trading Carnival, where traders can win a share of $12,000 in HTX by depositing and trading on HTX Futures. Meanwhile, individual traders are reporting significant profits from their meme coin investments. One trader highlighted a profit of $168.05, representing a 1,643.7% increase, after a successful trade on $LIMBO. Another trader noted a profit of $280.33, or 157.43%, on the second day of their trading challenge. The competitive landscape is further intensified by the Meme Innovation #4 competition, which has seen 26 qualified memes generate over $201 million in trading volume, with a benchmark of $1 million in daily trading and 5,000 active accounts required to win.