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Chinese Meme Coin 'Laozi' Surges to a Market Cap of Over $4 Million in a Short Time
BlockBeats News, January 10, according to GMGN market data, the Chinese Meme coin "Laozi" briefly surpassed a $4 million market cap and is now trading at $3.35 million. This Chinese Meme coin originated from a tweet by Binance CEO He Yi 10 hours ago.
BlockBeats Note: Meme coins are highly volatile, rely heavily on market sentiment and hype, have no real value or use case, and investors should be aware of the risks.
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