Affected by the Binance Alpha listing, MarsCoin saw a temporary surge of over 525%.

BlockBeats News, July 30th, according to GMGN market data, influenced by the Binance Alpha listing news, the BSC-based Meme coin MarsCoin surged over 525% briefly, with a market cap currently at $25 million.

MarsCoin originated from a 2021 incident where Binance founder CZ, in response to a netizen's suggestion for Musk to launch ElonCoin, commented that if Musk were to issue a cryptocurrency, it should be called MarsCoin. In response, Musk said, "There will definitely be a MarsCoin!" Furthermore, MarsCoin is paired with tokens like SPCXB, forming part of the BSC-based meme stocks concept.

BlockBeats reminds users that Meme coins often lack practical use cases, experience significant price volatility, and investment should be approached with caution.