GMGN data showed that Robinhood meme token FLYBRAIN briefly pushed its market capitalization above $7 million, with the token later quoted at $7.19 million. Over the past hour, the token was up 51.44%, according to the same data set. The move came after Binance co-founder Changpeng Zhao, widely known as CZ, had earlier said in a post that it would be "too cool" to see someone create an "immortal fruit fly" on BNB Chain. Odaily, which carried the market update, also warned readers that meme coins can experience sharp price swings and said investors should take part with caution. No further project details were provided in the brief update.
According to GMGN data cited by Odaily, Robinhood meme token FLYBRAIN briefly climbed past a $7 million market capitalization and was later quoted at $7.19 million. The token gained 51.44% over the past hour.
CZ had said in an earlier post that it would be "too cool" to see someone create an "immortal fruit fly" on BNB Chain.
Odaily also warned that meme coins can be highly volatile and said investors should participate with caution.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
