According to data from GMGN cited by Odaily, the meme coin Niulai surged earlier on Tuesday evening after being affected by its listing on Binance, with its market capitalization briefly rising above $147 million. The move did not hold. Niulai later gave back all of those gains, and its market cap was last reported at $90.37 million. Over the past hour, the token was down 20.99%.
Odaily said the sharp reversal highlighted the volatility often seen in meme coins. The outlet also reminded users that prices in this segment can swing heavily over short periods and urged investors to take part with caution. No additional trading data or further market details were provided in the brief update.
According to GMGN data cited by Odaily, the meme coin Niulai rose earlier in the evening after being affected by its listing on Binance, with its market capitalization briefly climbing above $147 million.
The token later erased all of those gains. Its market cap was last reported at $90.37 million, with a 20.99% decline over the past hour.
Odaily reminded users that meme coins can see sharp price swings and urged investors to participate with caution.
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