GMGN data showed BNB Smart Chain meme coin valuations briefly exceeded $8 million after a more than 420% daily gain, while Odaily noted panda-themed token Xiongmaotou remained highly volatile.
The BNB Smart Chain meme coin ecosystem briefly pushed its total market capitalization above $8 million before easing to about $7.9 million, according to GMGN, with reported daily gains exceeding 420%. Within that surge, panda-themed meme coin Xiongmaotou reached a $7.15 million market capitalization, according to GMGN data cited separately, while Odaily cautioned that the token was highly volatile. Together, the reports point to a sharp burst of speculative activity on BNB Smart Chain, where meme coin valuations changed rapidly over a single trading day.