The Meme coin "1" on the BSC blockchain continued to rise, briefly pushing its market capitalization above $17 million, a new all-time high.
TL;DR
The BSC meme coin '1' surged, briefly hitting over $17 million market cap, a new high, driven by Elon Musk's retweet. It's now at $15.53 million with high volatility and no real value, posing risks to investors.
Tags
According to ChainCatcher, GMGN monitoring shows that the Meme coin "1" on the BSC chain continues to rise, with its market value briefly exceeding $17 million, setting a new all-time high. The market value is currently reported at $15.53 million, with a 24-hour trading volume of $19.34 million and more than 5,700 holding addresses.
The Meme coin narrative originates from the article "How to fix your entire life in 1 day," which was briefly retweeted by Elon Musk on the afternoon of the 18th. ChainCatcher reminds users that Meme coin trading is highly volatile, heavily reliant on market sentiment and hype, and has no real value or use cases; investors should be aware of the risks.