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

By: theblockbeats.news|2026/01/13 13:30:13

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.

WEEX Labs, the innovation arm of WEEX, a leading global crypto exchange serving over 6.2 million users across 150+ countries, is set to kick off the preliminary round of its flagship global AI trading hackathon, AI Wars: WEEX Alpha Awakens, on January 12, 2026. Backed by the strong support of world-class sponsors including Amazon Web Services (AWS), the total prize pool has surged from $880,000 to an unprecedented $1,880,000, positioning AI Wars among the largest AI trading hackathons in the crypto industry. At the top of the leaderboard awaits an extraordinary champion prize — a Bentley Bentayga S, already on standby in Dubai, ready to be claimed by the ultimate AI trading victor.

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