【BlockBeats】 Meme coins on BNB Chain have recently experienced a general correction after a collective rise. According to data from on-chain data platforms, the market cap fluctuations of several popular projects during this pullback are worth noting.
“Meatball” dropped from a peak of $52 million to $28 million, a decline of 46%; “Laozi” fell from $18 million to $11 million, down about 39%; “Life K-line” had the sharpest decline, halving from $41 million to $16 million, a 60% drop; “Binance Life” performed relatively resilient, only retracing from $188 million to $153 million, an 18% decrease; “Hakeem” fell from $48 million to $36 million, a 25% decline; “Love You Old Self” decreased from $2.9 million to $1.8 million, a 38% drop; “Golden Shovel” went directly from $3 million to $700,000, a 39% decline.
Market Reminder: Meme coins generally lack practical application scenarios, making their prices highly susceptible to market sentiment, with volatile swings and significant risks. Participants should conduct thorough risk assessments before engaging.
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GweiWatcher
· 18h ago
The Golden Shovel was directly cut in half to 700,000. This wave was too aggressive. Is anyone still buying the dip?
BNB Chain Meme Coins Collective Pullback: Multiple Popular Projects Drop Over 30%
【BlockBeats】 Meme coins on BNB Chain have recently experienced a general correction after a collective rise. According to data from on-chain data platforms, the market cap fluctuations of several popular projects during this pullback are worth noting.
“Meatball” dropped from a peak of $52 million to $28 million, a decline of 46%; “Laozi” fell from $18 million to $11 million, down about 39%; “Life K-line” had the sharpest decline, halving from $41 million to $16 million, a 60% drop; “Binance Life” performed relatively resilient, only retracing from $188 million to $153 million, an 18% decrease; “Hakeem” fell from $48 million to $36 million, a 25% decline; “Love You Old Self” decreased from $2.9 million to $1.8 million, a 38% drop; “Golden Shovel” went directly from $3 million to $700,000, a 39% decline.
Market Reminder: Meme coins generally lack practical application scenarios, making their prices highly susceptible to market sentiment, with volatile swings and significant risks. Participants should conduct thorough risk assessments before engaging.