The BSC-based meme coin "An" reached a market capitalization of $34.7 million after a price surge this morning.

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Meme coin news: The BSC-based Meme coin "An" reached a market cap of $34.7 million following a sharp price increase this morning. On its launch day, January 13, it briefly hit $41 million, with its current price at $0.034. The surge occurred without any significant news or community excitement. Analysts suspect that institutional activity might be behind the price movement. Market news highlights the coin's volatility, as Meme coins often lack real-world use cases and rely heavily on hype.

BlockBeats News, January 13, according to... GMGN Monitoring It is reported that the first Chinese Meme coin on the BSC chain to adopt the USD1 stablecoin pool, "An," has surged significantly since its launch today. Its market cap reached a high of $41 million and is currently at $34.7 million, with a current price of $0.034.


It is reported that the rise of this meme coin has no relevant positive news or community narrative to support it. Although current monitoring platforms have not detected any related risks, caution is still advised. Market analysts believe this increase may be driven by institutional activity.


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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