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BSC "Crying Horse" Meme Coin Booms: Market Cap Surges Past 10 Million, 24h Trading Volume Exceeds 7 Million
【Blockchain Rhythm】A new “internet celebrity horse” has recently appeared on BSC — Meme coin “Cry Cry Horse”. Its market cap jumped directly from 0 to 10 million USD, which definitely caught people’s attention. However, after the peak, it has fallen back, now stabilizing around 6.23 million USD. Moreover, trading activity is quite high, with a 24-hour trading volume reaching 7.34 million USD.
Speaking of which, this type of Meme coin is just this kind of nature. It rises quickly, and falls just as fast. Frankly, these coins basically have no real use, and are entirely driven by market sentiment and hype. A good story or a wave of public opinion can send the price soaring; but once the sentiment cools down, the bagholders become the chives. So if you want to participate in this kind of trading, you must keep your eyes open and avoid being led astray by FOMO, as the risks are really not small.