Niu Lai address launches token after issuing nine, earns 203.34 BNB

The token-issuing address associated with Niu Lai became active again on Aug. 20 and released a new token called Golden Bull three hours earlier, according to GMGN data cited by BlockBeats. The address has now issued nine tokens in total and generated 203.34 BNB in fees, worth about $130,000. BlockBeats warned that meme coins often lack practical use cases and can experience sharp price swings, urging users to invest cautiously.

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