According to ME News, on August 16 (UTC+8), GMGN market data shows that the issuance address on BNB Chain launched two identical Meme tokens named "Niu Lai" two days ago, with current market caps of approximately $17.1 million and $341,000, respectively—showing a significant disparity in value. Additionally, this issuance address launched the "Xiong Zou" token 22 hours ago, currently with a market cap of approximately $186,100. BlockBeats reminds users that Meme tokens typically lack real-world utility and exhibit high price volatility; invest with caution. (Source: BlockBeats)
Meme Coin 'NiuLai' Launches Two Tokens with Significant Market Cap Disparity
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Summary
Meme coin news: On August 16 (UTC+8), the BNB Chain address behind the meme coin 'NiuLai' issued two tokens with the same name within two days. The tokens now have market caps of approximately $17.1 million and $34,100, showing a stark disparity. Market reports also indicate that the same address launched 'XiongZou' 22 hours ago, with a market cap of about $186,100. BlockBeats warns that meme coins often lack real-world use cases and are subject to high price volatility.
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