Meme's "Lobster" token has seen its market capitalization surge to a new high of $6 million, a 150% increase in the past 24 hours.

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On March 9th, according to GMGN monitoring , the BSC on-chain Meme coin "Lobster" continued its upward trend this morning, with its market value rising to $6 million, a new all-time high. It is currently trading at $5.8 million, with a price of approximately $0.0058. The price has increased by 170% in the past 24 hours, with a trading volume of approximately $3.7 million during the same period.

The image of this meme coin originated from Binance's official Chinese-language tweet, and coupled with the recent popularity of the Openclaw (lobster) topic, it has driven the token's market value to continue to rise.

BlockBeats reminds users that Meme coin trading is highly volatile, largely dependent on market sentiment and hype, and has no real value or use cases. Investors should be aware of the risks.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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