BSC meme token NiuLai dropped below a $100 million market capitalization on Sept. 9, according to GMGN market data. The token was valued at $98 million at the time of the update. Earlier in the day, after listing on Binance spot, NiuLai climbed to an all-time high market cap of $147 million. It has since pulled back by more than 33% from that peak. BlockBeats said the token remains highly volatile and warned users to exercise caution when investing.

Early trading on Aug. 31 brought a sharp drop in crypto prices, wiping out part of the weekend gains in a range of on-chain hot tokens. GMGN data shows BSC meme coin Niu Lai has fallen below the $100 million market cap, now at $98.82 million. On Robinhood chain, the pullback was harsher, with only PONS and CASHCAT showing relative strength. PONS touched a new high of $400 million in the early hours and then slipped to $321 million, while CASHCAT briefly broke below $200 million before recovering to $201 million. Elsewhere, microduck's market cap declined to $14.67 million, down 18.2% in 24 hours. AI fell to $89.53 million, a 20.82% drop, and NET dropped 37.21% to $64.31 million. Not everything lost ground. STATICS, a newly launched DeFi protocol on Robinhood chain, has climbed sharply after only three days on the market, pushing its market cap above $40 million with a 24-hour gain of 455%. The mixed moves highlight persistent volatility across meme trade after the latest round of rapid appreciation.