BlockBeats News, August 27th, according to GMGN monitoring, the Chinese Meme coin project in the BSC ecosystem "Niu Lai" continues to surge, with a 45% increase in the past 24 hours. The current market value briefly reached $59 million, now slightly retraced to $57 million, with a current price of $0.0575. In the past hour, on-chain trading activity for "Niu Lai" has significantly increased, with a trading volume of about $2 million in the past hour and $14 million in the past 24 hours. Previously, "Niu Lai" had reached a historical high of $78 million.BlockBeats reminds users that Meme coins often lack practical use cases, experience high price volatility, and investment should be approached with caution.