Odaily reported, citing GMGN data, that Niu Lai’s market capitalization briefly rose above $147 million and hit a fresh record high. The move may have been linked to Binance listing the token, according to the report. At the time of writing, its market cap was quoted at $123 million, with a gain of more than 37% over the past hour. Odaily also warned that Meme coins can be highly volatile and urged investors to take part with caution. The report did not provide further trading details beyond the market cap move and the hourly increase.
Odaily reported, citing GMGN data, that Niu Lai’s market capitalization briefly climbed above $147 million, setting a fresh all-time high.
The report said the move may have been driven by Binance listing Niu Lai. At the time of writing, its market cap stood at $123 million, while its 1-hour gain was above 37%.
Odaily added that Meme coins can see large price swings and warned investors to participate cautiously.
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