The BNB Smart Chain-based meme token surged to a new all-time high above $16 million in market value before a modest pullback, highlighting continued speculative momentum in Chinese-themed meme coins.
Chinese meme token '我踏马来了' briefly reached a market capitalization of $16 million, rising 483% within 24 hours before easing to approximately $15.02 million after setting a new all-time high on Jan. 9, according to GMGN. The move represents a sharp escalation from earlier gains reported for the BNB Smart Chain-based token, reinforcing its highly volatile, speculative trading pattern.