BSC Meme Coin 'An' Market Cap Surpasses $50M, 24-Hour Gain Exceeds 37%

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Meme coin news: The BSC-based token "An" surpassed a $50 million market cap on January 15, reaching $47.92 million with a 24-hour increase of 37.15%. The project utilizes a USD 1 stablecoin pool, but liquidity remains shallow at around $670,000. Market news reports emphasize the token's volatility, noting a lack of real use cases. Blockbeats advises investors to remain cautious due to the high risk and price fluctuations driven by hype.

BlockBeats News, January 15, according to... GMGN Monitoring shows that "An," the first Chinese Meme coin to adopt the USD1 stablecoin pool on the BSC chain, briefly surpassed a market capitalization of $50 million. It is currently valued at $47.92 million, with a 24-hour increase of 37.15%. However, the current liquidity pool is relatively shallow, with a size of only about $670,000.


BlockBeats reminds users that Meme coins experience significant trading volatility, largely relying on market sentiment and concept hype, without actual value or use cases. Investors should be aware of the risks.

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