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BSC Ecosystem Meme Coin 「memes」 rebounds 160% in 2 hours, market cap surpasses $13 million
【Blockchain Rhythm】On January 21, according to on-chain data monitoring, the Meme coin “memes” in the BSC ecosystem completed a fierce rebound within just 2 hours, with a surge of over 160%. The rapid price increase also drove the market capitalization to reverse from the previous low of $2.68 million directly up to $13.69 million. The market heat is quite remarkable—24-hour trading volume has already reached $75.4 million.
What triggered this round of rally? According to sources, the price movement of “memes” is closely related to an official tweet. The tweet reads, “The winning will continue. The deportations will continue. The memes will continue.” Subsequently, a senior executive from a major exchange reposted this tweet, directly igniting market sentiment, and the coin price surged significantly. Interestingly, the executive later deleted the repost.
It should be noted that Meme coins, as a trading asset, often experience very volatile price swings. The market trend largely depends on market sentiment fluctuations and hype around concepts. These types of coins do not have actual practical applications or commercial use cases to support them, and their risk levels are much higher than traditional cryptocurrencies. Investors participating in related trades must practice proper risk management and proceed with caution.