The "Niu Lai" meme coin on the BSC network rapidly surged past a $26 million market capitalization before pulling back, having risen more than 40-fold within 24 hours.
On August 16, according to GMGN market data, the market capitalization of the "Niu Lai" meme coin on the BNB Chain surpassed $26 million in the early hours before retreating; it hit a peak of $19.45 million—marking a more than 40-fold increase over 24 hours—with a trading volume of $24.5 million during the same period. Recently, the summer animated film "Niu Lai" garnered unexpected attention due to controversy surrounding its visual production. A relative of the director revealed that the film was created entirely by the director and his mother; it took five years to complete without a production crew and relied exclusively on hand-drawn animation. To date, the film has grossed 2.27 million yuan. BlockBeats reminds users that meme coins often lack real-world utility and experience extreme price volatility, so caution is advised when investing.
$COW
$H
$HEMI
On August 16, according to GMGN market data, the market capitalization of the "Niu Lai" meme coin on the BNB Chain surpassed $26 million in the early hours before retreating; it hit a peak of $19.45 million—marking a more than 40-fold increase over 24 hours—with a trading volume of $24.5 million during the same period. Recently, the summer animated film "Niu Lai" garnered unexpected attention due to controversy surrounding its visual production. A relative of the director revealed that the film was created entirely by the director and his mother; it took five years to complete without a production crew and relied exclusively on hand-drawn animation. To date, the film has grossed 2.27 million yuan. BlockBeats reminds users that meme coins often lack real-world utility and experience extreme price volatility, so caution is advised when investing.
$COW
$H
$HEMI