According to ChainCatcher, data from GMGN monitoring shows that the BSC-based Meme coin "Snowball" has surged significantly and hit a new high this morning. The 24-hour price increase reached 273%, with the peak price briefly hitting $0.089. The current price is approximately $0.079, with a market capitalization of around $79.3 million. ChainCatcher reminds users that Meme coins are highly volatile and largely driven by market sentiment and speculative hype, with no intrinsic value or practical use cases. Investors should be cautious and aware of the associated risks.
BSC Meme Coin 'Snowball' Reaches $79.3M Market Cap, Surges 273% in 24 Hours
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Summary
BSC-based meme coin "Snowball" surged 273% in 24 hours, reaching $0.089 and a $79.3 million market cap. It is now trading at $0.079. ChainCatcher notes that meme coins are driven by market sentiment and the fear and greed index, with no real use cases or intrinsic value.
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