According to GMGN data, the LAPTOP-themed meme coin on BSC briefly surpassed a $13 million market cap on September 8. Within 90 minutes of launch, cumulative trading volume exceeded $15 million. However, the market cap then dropped to $6 million in just three minutes. BlockBeats warned about the high volatility and lack of utility typical of meme coins.
GMGN market data shows the LAPTOP meme coin on BSC briefly pushed past a $13 million market capitalization on September 8. About 90 minutes after launch, cumulative trading volume had already topped $15 million. Then it snapped the other way: the market cap was cut in half to $6 million in only three minutes.
BlockBeats warned investors to be careful. Meme coins, it said, usually have no real-world use cases and can swing wildly in price, so people should think hard before putting money in.
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