Meme coin DOYR briefly reached a market capitalization of $9.7 million within 3 hours of its launch, with a trading volume of $13.1 million.

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According to ChainCatcher, the market capitalization of DOYR, the Meme coin of the BNB Chain ecosystem, briefly reached $9.7 million within 3 hours of its listing, and is currently trading at $8.5 million, with a trading volume of $13.1 million in 3 hours.

This evening, Binance co-CEO He Yi posted an article stating that, based on the tweet, issuing tokens is a community activity, and users should be aware of investment risks. DOYR. ChainCatcher reminds users that Meme tokens often lack real-world use cases, their prices fluctuate significantly, and investment should be approached with caution.

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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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