BNB Chain meme coin Niu Lai hits $49.2 million as film run ends

Niu Lai, a meme coin on BNB Chain tied by name to the Chinese animated film, was valued at about $31.9 million on Aug. 18, with GMGN data showing a 5.17% gain over 24 hours after a volatile run that had briefly pushed it to a record $49.2 million a day earlier. The film remained visible in mainland China box-office rankings despite its announced theatrical end, with Beacon data showing real-time ticket sales of 2.3053 million yuan on Aug. 18, placing it fourth for the day and ahead of Spider-Man: Brand New Day. Earlier BlockBeats reports said director Xin Yumeng had confirmed the film's theatrical run had ended after total box office passed 15 million yuan, while some Dalian cinemas later resumed screenings and a widely circulated nationwide halt claim was never officially confirmed. The latest figures suggest attention around both the movie and the token remains active, though BlockBeats reiterated that meme coins often lack practical use cases and can be highly volatile.

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