Binance futures launched the BSC meme coin Niulai on August 30, sending its market capitalization to a fresh all-time high of 142 million USD. The token, created from an abstract Chinese movie phenomenon, has delivered outsized returns for early buyers in a half-month run that began on August 14. Notable traders include one account that turned 113 USD into more than 1 million USD profit for over 10,000x returns, another that profited 112,000 USD from an 800 USD position, and a pre-launch buyer who deployed 1.5 million USD at an 86 million USD market cap level. Additional accounts shared positions bought at 5 million USD and 30 million USD market caps, with one scaling in 30,000 USD at 42 million USD. Dayu holds 1.4 million tokens at an average cost of 0.0413 USD, which could yield around 200 percent profit if retained. The rapid appreciation has attracted aggressive on-chain traders willing to take large positions, while Odaily has cautioned that meme coin prices remain highly volatile.