According to GMGN data cited by Odaily, the market cap of meme coin Niulai briefly dropped below $75 million this morning, with its 24-hour decline exceeding 23%, before rebounding to $78 million. Marscoin also slipped below the $100 million mark earlier in the day, posting a loss of more than 16% over the past 24 hours, and later recovered to $107 million. Odaily warned that meme coins can see sharp price swings and said investors should participate with caution. The update focused on the two tokens’ market-cap moves during the morning session and their subsequent rebound levels.
According to GMGN data cited by Odaily, the market cap of meme coin Niulai briefly fell below $75 million this morning, with its 24-hour loss exceeding 23%. It has since recovered to $78 million.
Marscoin also briefly dropped below $100 million in market cap this morning. Its 24-hour decline was more than 16%, and it has since rebounded to $107 million.
Odaily warned users that meme coin prices can be highly volatile and advised investors to participate cautiously.
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