BSC Meme Coins Cool Down as Market Cap Drops Below $5 Million

Market Activity Declines

Recent data shows a noticeable cooling in the BSC meme coin market. While some coins, like 'I'm Here,' maintain a market cap around $30 million, most new projects have underperformed.

Market Caps Shrink

Projects launched in the past 10 days, such as '1,' 'Crying Horse,' and 'Memes,' have seen their market caps drop below $5 million. 'Memes' alone fell by 30% in the last 24 hours, currently valued at $4 million.

Limited Success Stories

Other recently launched projects, including 'Dark Horse,' '老子,' and 'Life K-Line,' have also struggled, with only 'Snowball' maintaining a market cap of $15 million while others fall short of the $5 million mark.