News

BlockBeats News, January 10th, according to market data, the Chinese Meme coin "Laozi" briefly exceeded a $6 million market cap to hit a new high, now standing at $6.23 million. This Chinese Meme coin originated from a tweet posted by the CEO of a certain exchange 10 hours ago. BlockBeats Note: Meme coins are highly volatile, mostly driven by market sentiment and hype, lacking practical value or use cases. Investors should be cautious of the risks involved.

According to Odaily, onchainschool monitoring shows that ONDO tokens worth $23.1 million were transferred from a suspected team address early this morning and distributed to four wallets. Historical data indicates that these four wallets have previously deposited ONDO tokens to exchanges in batches, so the tokens transferred this time may also be sent to exchanges.

According to ChainCatcher, citing GMGN data, the BSC chain meme coin "Laozi" surged more than 730 times in a single day, with its market capitalization once exceeding 6 million US dollars and currently around 5.86 million US dollars.