Meme coin market-cap report cites LONG and Lobster at sharply different highs

  • Reports described a sharp meme coin market-cap surge but differed on whether the token was Arc-chain coin LONG or BSC token Lobster.
  • GMGN data cited LONG at a $9.97 million market cap after a brief move above $10 million and a 251.8% 24-hour gain, while Lobster reached $213 million.
  • The LONG report mentioned Bonk Guy’s promotion and community security concerns; Odaily warned in both reports about meme coin volatility.

Reports on a rapid meme coin market-cap surge identify the token differently: an earlier Odaily report cited Arc-chain coin LONG at $9.97 million after briefly exceeding $10 million and gaining 251.8% in 24 hours, while a later report identified Lobster on BSC (BNB Smart Chain) at an all-time-high market capitalization of $213 million. The earlier report linked LONG to promotion by trader Bonk Guy and community concerns about token concentration and security, while Odaily cautioned in both reports that meme coins are highly volatile and require careful participation.

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