According to BlockBeats, on August 30 at 19:30 (UTC+8), the BSC-chain meme coin 'Niulai' saw a short-term surge of 10% after its listing on Binance Futures. Data from GMGN showed its market capitalization climbed from $93 million to $104 million. Over the past 24 hours, 'Niulai' gained more than 85%, with 24-hour trading volume reaching $45.5 million. BlockBeats also cautioned that meme coins often have no real utility and their prices can swing wildly, urging investors to exercise caution.
BlockBeats said BSC meme coin "Niulai" climbed 10% soon after Binance Futures listed it at 19:30 (UTC+8) on August 30. GMGN market data shows the token’s market capitalization moved up from $93 million to $104 million.
In the past 24 hours, Niulai rose more than 85%, while 24-hour trading volume hit $45.5 million. And BlockBeats warned users to stay careful when investing, saying meme coins usually have no real use cases and can swing wildly.
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