Chinese meme coin "Lobster" rose to a market capitalization above $115 million, setting a new all-time high, according to GMGN market data cited by BlockBeats on Sept. 12. The token's 24-hour gain widened to 180% during the same period, while trading volume reached $8.4 million. The move marked a sharp jump in both valuation and activity over the day. BlockBeats also carried a risk reminder, noting that price swings in related tokens can be significant and that users should stay cautious when making investment decisions. No other project details or additional market context were disclosed in the brief update.
Chinese meme coin "Lobster" climbed above a $115 million market capitalization on Sept. 12, hitting a new all-time high, according to GMGN market data cited by BlockBeats.
The token's 24-hour gain expanded to 180%. Trading volume over the same period reached $8.4 million.
BlockBeats said related tokens can see large price swings and reminded users to exercise caution.
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