Meme coin "1" on the BSC chain bucked the trend and strengthened, recovering its intraday losses and returning to a market capitalization of $9 millio...

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TL;DR

Meme coin '1' on BSC chain defied market downtrend, rebounding from a low of $4.5M to $9M market cap, recovering intraday losses with a 100% rise. It highlights high volatility and risks in meme coin trading.

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ME42Meme coinBSC chainmarket recoverycryptocurrency volatilityinvestment risk

On January 19th, according to GMGN monitoring , most Meme coins on the BSC chain continued to decline along with the market. Conversely, Meme coin "1" rebounded after hitting a low of $4.5 million in market capitalization at 10:00 AM, rising to a high of $9.7 million before slightly retreating. Currently, its market capitalization is $9 million, and it is priced at approximately $0.009, representing a rise of about 100% from its intraday low, fully recovering today's losses.

There are currently many Meme coins with the same name on the market. The token contract with the highest liquidity is:

「1」:0xff5d99a5c16cf2ffb4e7da1d7c42a791e70e4444

BlockBeats reminds users that Meme coin trading is highly volatile, relying heavily on market sentiment and hype, and has no real value or use cases. Investors should be aware of the risks.

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