The market cap of Meme coins on the BSC chain has mostly rebounded today, with low market cap Meme coins themed around the Year of the Horse leading the gains.
BlockBeats News, January 16, according to GMGN monitoring, most Meme coins on the BSC chain saw a slight rebound this morning, with horse-themed Meme coins showing particularly strong gains. "I Am Coming on Horseback" has risen by about 10% in the past 6 hours, with a current market cap of $18.3 million and a current price of approximately $0.0182. In addition, a number of Meme coins with market caps exceeding $1 million, including "Dark Horse," "Crying Horse," "Success Upon Arrival," and "Little Pony Teng," have also generally recorded considerable gains today.
According to further monitoring, influenced by the USD1 trading competition, the USD1 pool Meme coin "One" surged after the market opened today, with a current market cap of $8.8 million. Its upward trend is similar to that of "An" and "BIG DON," with a large number of suspected related new addresses engaging in concentrated trading on-chain.
BlockBeats reminds users that Meme coin trading is highly volatile, mostly dependent on market sentiment and concept speculation, and lacks actual value or use cases. Investors should be aware of the risks.
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.
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