Meme Coin 'Bull Run' Surpasses $127 Million in Market Cap, Hits New All-Time High with Over 77% Surge in 24 Hours

BlockBeats News, August 30, according to GMGN market data, the BSC-based Meme coin "Niu Lai" saw its market cap briefly exceed $127 million, hitting a new all-time high, and is currently trading at $98 million, up over 77% in the past 24 hours, with a 24-hour trading volume of $30.9 million.

Binance will list a "Niu Lai" USDT-margined perpetual contract, with the listing scheduled for today at 19:30 (UTC+8), supporting up to 10x leverage.

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