BSC On-Chain Meme Coin Market Sentiment Turns Cold, with Most Up-and-Coming Popular Meme Coins Now Valued at Less Than $5 Million

BlockBeats News, January 30th, according to GMGN monitoring, the on-chain market activity of BSC has recently declined. Among the popular Meme coins on BSC that were recently listed on Binance Alpha, "Here I Am, Stepping on the Horse" has remained relatively stable, with a market capitalization of around $30 million. Most other projects have shown weak performance: Meme coins listed on Binance Alpha in the past 10 days such as "1", "Crying Horse", memes, have all fallen below $5 million in market capitalization. Today, with the overall market pullback, they have further declined, with memes plunging 30% in the past 24 hours and currently having a market cap of $4 million.

Other Meme coins launched this month, such as "Dark Horse", "Laozi", "Snowball", "Life Candlestick", etc., except for "Snowball" with a market cap still around $15 million (down about 80% from its recent high), the market cap of other projects is also less than $5 million.