"Laozi" Soars Nearly 80% in a Short Period Before Falling Back, Market Cap Now Drops Below $10 Million

BlockBeats News, January 13th, possibly influenced by the "Binance Alpha lists 'Laozi'" news, the Chinese Meme coin "Laozi" saw a short-term surge of nearly 80% before falling back, with the market value now dropping below $10 million, currently standing at $9.32 million, a price decrease of 18% from before the listing announcement.

BlockBeats reminds users that most Meme coins have no actual use case and experience significant price volatility. Please be cautious of asset protection and avoid FOMO.