On January 21, according to GMGN market data, the new Meme coin "memes" in the BSC ecosystem rebounded by more than 160% in the past 2 hours, with its market value rising to $13.69 million. It had previously fallen to $2.68 million, and its 24-hour trading volume rose to $75.4 million.
It is understood that "memes" originated from a tweet posted earlier today by the White House: "The winning will continue. The deportations will continue. The memes will continue." The tweet surged after Binance CEO He Yi retweeted it, before He Yi subsequently deleted it.
BlockBeats Note: 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.
