BSC meme coin Lobster has continued to decline, with its market capitalization now below $30 million, according to GMGN data cited by Odaily. The token previously reached an all-time high market cap of about $310 million on Sept. 21. At current levels, it has dropped by more than 90% from that peak. Odaily also noted that meme coins are highly volatile and warned investors to participate with caution. The move highlights the sharp swings that can emerge in speculative token trading, especially for meme assets on BSC, where market cap can change quickly over short periods.
BSC meme coin Lobster has kept falling, with its market capitalization now below $30 million, according to GMGN data cited by Odaily.
The token previously hit an all-time high market cap of about $310 million on Sept. 21. It is now down more than 90% from that peak.
Odaily warned that meme coins can see large price swings and said investors should approach the sector with caution.
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