BSC Chain Meme Coin Niubi's market cap briefly surpassed $5 million, rising over 51.3% in the past hour.
Original headlineBSC 链 Meme 币牛逼市值短时突破 500 万美元，近 1 小时涨超 51.3%
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The BNB Chain meme token “牛逼” (NiuBi) briefly surpassed a $5 million market capitalization and was trading at $5.46 million, up more than 51.3% in one hour, according to GMGN data. The move followed a post by Elon Musk on X that mixed Chinese and English, saying “Chinese 𝕏 is 牛逼,” a Chinese internet slang expression of praise for the Chinese-language X community. The token’s rally highlights how quickly meme coins on BNB Chain can react to high-profile social media mentions. The article notes that meme coins often lack practical use cases and are subject to large price swings. Traders will watch whether the token can hold above the $5 million market-cap level and whether Musk-related attention continues to drive BNB Chain meme activity.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
牛逼, BNB Chain (BNB), Elon Musk, X, GMGN
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