Niu Lai, a meme coin on the BSC network, traded at about $0.0485 after gaining 35.93% over the past 24 hours and 8.43% in the last hour. GMGN data put its market capitalization at about $48.67 million, with roughly $12.6 million in 24-hour trading volume, liquidity near $933,400 and about 48,600 holding addresses. The token had earlier briefly surpassed a $50 million market cap and was previously valued around $48.13 million when 24-hour gains stood at 34.76%. That move followed a rebound of more than 43% over roughly 10 hours from a $30 million market-cap low on Aug. 25, when 24-hour volume reached $13.4 million. Niu Lai is associated with Ox-Alpha, an anonymous model used to test Zhipu’s GLM-5.3-Flash before its formal release on OpenCode and OpenRouter. Meme coins can be highly volatile, and investors should exercise caution.