BSC meme token NiuLai dropped below a $100 million market capitalization on Sept. 9, according to GMGN market data. The token was valued at $98 million at the time of the update. Earlier in the day, after listing on Binance spot, NiuLai climbed to an all-time high market cap of $147 million. It has since pulled back by more than 33% from that peak. BlockBeats said the token remains highly volatile and warned users to exercise caution when investing.
BSC meme token NiuLai fell below a $100 million market capitalization on Sept. 9, according to GMGN market data. Its market cap was last reported at $98 million.
Earlier that day, after launching on Binance spot, the token reached an all-time high market cap of $147 million. It has since retreated by more than 33% from that level.
BlockBeats warned that the token has seen sharp price swings and said users should be cautious when investing.
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