Market data from GMGN shows that "Niulai," a meme coin on BNB Smart Chain (BSC), briefly pushed its market capitalization above $10 million, with its current market cap standing at $11.53 million. The token was up more than 110x over the past 24 hours.
The move came as discussion around the domestic animated film "Niulai" kept spreading online. According to the source, the movie drew heavy criticism on the same day over its abstract visual style and rough production quality, which fueled related chatter.
Foresight News added a risk warning, saying meme coin trading can be extremely volatile and that such tokens may have no real value or practical use case. It advised investors to pay attention to the risks involved.
GMGN market data shows that "Niulai," a meme coin on BNB Smart Chain (BSC), briefly pushed its market capitalization above $10 million. Its market cap was later listed at $11.53 million, while its 24-hour gain exceeded 110x.
On the same day, the domestic animated film "Niulai" drew widespread criticism for its abstract art style and rough production quality. Related discussion continued to build.
Foresight News warned that meme coin trading can be highly volatile and that such tokens may have no real value or use case. Investors should be aware of the risks.
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