Meme Coin 'Lobster' Market Cap Surpasses $14 Million, Up 26% in 24 Hours

BlockBeats News, June 16, according to GMGN monitoring, the Chinese Meme coin on the BSC chain "Lobster" has been steadily rising this month, with today's market cap surpassing $14 million, hitting a near two-month high. The 24-hour growth rate is 26%, with a trading volume of $1.3 million during the same period. The cumulative increase for the month has reached 133%.

BlockBeats Note: Meme coins are highly volatile, relying heavily on market sentiment and hype, with no actual value or use case. Investors should be aware of the risks.