Market Rebounds with Zodiac-Themed Meme Coins in the Lead
Monitoring data showed that today's Meme coin market on the BSC chain experienced a modest rebound, with zodiac-themed coins showing the strongest gains. For instance, a concept coin themed around the Year of the Horse saw a price increase of about 10% in the past six hours, reaching a market cap of $18.3 million, with a current price of approximately $0.0182.
- Black Horse
- Crying Horse
- Success on Horseback
- Little Horse Galloping
These Meme coins with market caps exceeding millions of dollars also generally saw notable increases, indicating a rise in market enthusiasm.
USD1 Trading Competition Drives Meme Coin Hype
Influenced by the USD1 trading competition, the related Meme coin 'One' surged rapidly after the market opened, breaking the $10 million market cap mark, with its current price at about $0.01. Its upward trend is similar to other popular coins, and there have also been numerous concentrated transactions on the blockchain involving suspected related addresses.
Risk Advisory
Due to the volatile nature of Meme coin prices, which are largely driven by market sentiment and speculation without substantial value backing, investors are advised to participate cautiously and avoid potential losses from excessive speculation.