Some BSC Meme Coins Experience Counter-Trend Rally, "I'm On Fire" Meme Coin Hits New All-Time High
BlockBeats News, February 1st, according to GMGN monitoring, some meme coins on BSC counter-trended and broke through their previous highs.
BULLA saw its market value approach nearly $400 million around 4 a.m., setting a new all-time high, then fell back to $300 million, now trading at around $0.311, with a 24-hour increase of 164% and a trading volume of $98.8 million.
The Chinese meme coin "I Stepped on the Horse" surged past a $50 million market value, now trading at around $0.05, with a 24-hour increase of 68% and a 24-hour trading volume of $21 million.
BlockBeats reminds users that meme coins often lack practical use cases, have large price fluctuations, and investment should be approached with caution.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Strategy (MSTR.US) triggers its first “golden cross” signal in over three years; last time it appeared, shares soared by 700%!
Strategy flashes the first Golden Cross since March 2023: the last time this happened, it was followed by a nearly 700% increase over the next 12 months.
Japan’s inflation figures are next for a Yen stuck near 158.00
RBA's Hauser: Inflation outlook appears worse than forecast, slightly above expectations
New Zealand Dollar has one CPI release left before the RBNZ
Crypto prices
More
