On January 29, data from GMGN monitoring showed that the BSC-based Meme coin BULLA began surging around 11:00 AM that day. Its market cap rose from a low of $31 million and peaked at $74 million.
At the time of writing, the market cap of BULLA is temporarily reported at $62.6 million, with a price of about $0.062 per token. The 24-hour price surge has reached 96%, and the total trading volume has hit $18.3 million within a short period.
Market Sentiment Driving Growth
This surge was primarily driven by the hype around Meme coins. As one of the popular tokens on the BSC chain, BULLA has attracted a large amount of speculative capital in a short time. These community-driven crypto assets usually lack practical use cases and are known for their extreme price volatility.
- 24-hour price change: +96%
- Current market cap: $62.6 million
- Total trading volume: $18.3 million
Risk Alert: Due to the speculative nature of Meme coins, their prices are highly sensitive to market sentiment and investor behavior. Participants should remain cautious and carefully assess their risk tolerance before investing.