BSC Meme Coin 'Xueqiu' Reaches $89M Market Cap, Surges 273% in 24 Hours

KuCoinFlash

Release Time:01/16/2026 04:01:15

Summary

BSC-based meme coin "Xueqiu" surged 273% within 24 hours as of January 16, reaching $0.089 and achieving a market cap of $89 million. The coin later retreated to $0.079, with its current valuation at $79.3 million. Market sentiment remains a key driver for such assets, which are often heavily influenced by the fear and greed index. Blockbeats notes that meme coins lack intrinsic value and are highly volatile.

BlockBeats News, January 16, according to... GMGN Monitoring data shows that the Meme coin "Snowball" on the BSC chain has experienced a significant surge since January 15. This morning, it hit a new all-time high, with a 24-hour increase of 273%. The price briefly reached a high of $0.089 before retreating to $0.079. Its current market capitalization stands at $79.3 million.

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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