On January 14, while the broader crypto market showed signs of recovery, Chinese-inspired meme coins on the BSC chain took sharply different paths. Data from on-chain tracking platforms revealed a clear divergence, with emerging tokens surging while previously hyped projects saw steep corrections.
Newcomer Jumps 45% in 24 Hours
A recently launched meme coin with a positively themed name stood out, soaring 45% within a day. Its market cap has now exceeded $260 million, with the price stabilizing around $0.26. The rapid rally sparked intense discussion across social channels, positioning it as a focal point in the current sentiment cycle.
Once-Popular Tokens Tumble Nearly 40%
In contrast, several high-profile tokens that gained traction earlier this week experienced sharp pullbacks. One project, known for its bold slogan, dropped 39% over 24 hours, shrinking its market cap to $16.9 million. Another, driven by narrative hype, plunged 46%, now valued at approximately $7.65 million. A third, tied to cultural symbolism, briefly rebounded but remains in a correction phase.
- Token A: Down 39%, trading near $0.0169
- Token B: Up 39%, market cap at $7.9 million
- Token C: Down 46%, current price around $0.0076
Analysts note these assets are primarily driven by community momentum rather than fundamentals, making them highly vulnerable to sentiment shifts. Observers warn of extreme volatility in meme coins and urge investors to approach speculative trends with caution, avoiding impulsive entries during peaks of hype.