On January 11th, according to GMGN data, popular Chinese meme tokens on the BNB Chain experienced a widespread pullback after a general price increase. Among them:
"I'm coming!"'s market capitalization has dropped from a peak of $52 million to $28 million, a decline of approximately 46% from its peak.
The market value of "Laozi" has fallen from a peak of $18 million to $11 million, a drop of approximately 39% from its peak.
The market value of "Life K-line" has dropped from a high of US$41 million to US$16 million, a decline of about 60% from its peak.
Binance Life's market capitalization fell from a high of $188 million today to $153 million, a drop of approximately 18%.
Hakimi's market capitalization fell from a high of $48 million today to $36 million, a drop of approximately 25%.
The market value of "Love You Old Man" has dropped from a peak of $2.9 million to $1.8 million, a decline of approximately 38% from its peak.
The market value of "Golden Shovel" has dropped from a peak of $3 million to $700,000, a decline of about 39% from its peak.
BlockBeats reminds users that Meme coins have few real-world use cases and their prices fluctuate greatly, so investment should be approached with caution.
