「Laozi」's market cap briefly dropped below $9 million, while 「Dark Horse」's market cap briefly exceeded $10 million.

BlockBeats News, January 13th, according to GMGN market data, the Chinese Meme coin "Laozi" briefly dropped below a $9 million market cap, now recovering to $9.5 million, price down 20% from the Alpha launch announcement, 24-hour decrease of 10%;

The "Dark Horse" briefly surpassed a $10 million market cap, now at $8.9 million, price up 519% from the Alpha launch announcement, 24-hour increase of 313%.

BlockBeats reminds users that Meme coin trading is highly volatile, largely driven by market sentiment and hype, with no real value or use case, investors should be aware of the risks.