Base-based meme coin BRIAN briefly pushed its market capitalization above $18 million before pulling back to about $15 million, according to GMGN market data cited by ChainCatcher. The token’s short-term gain exceeded 27x. The report said the move may have been linked to a change in the X profile picture of Coinbase’s CEO. It also warned that meme coins can swing sharply in price and are often driven by market sentiment and trending events, making risk management critical for traders.
Base meme coin BRIAN briefly saw its market capitalization rise above $18 million before easing to about $15 million, according to GMGN market data cited by ChainCatcher.
The report said the token posted a short-term gain of more than 27x.
ChainCatcher added that the rally may have been influenced by Coinbase CEO changing his profile picture on X.
The report also warned that meme coins are highly volatile and can be easily affected by market sentiment and trending events, urging traders to pay attention to risk.
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