Recent price swings among Chinese meme coins, including Heima and Binance Life, underscore sharp volatility and speculative trading risks highlighted by industry observers.
Chinese meme coin Heima surged over 400% after its Binance Alpha listing, peaking at $8 million before settling at $5.94 million, a 242% daily increase. On Jan. 14, other BSC-based Chinese meme coins showed sharp movements: Binance Life rose 45% to a $260 million market cap, Laozi gained 39%, while I’m Coming and Life Candlestick fell by nearly 40–46%. BlockBeats reiterated warnings about high volatility and lack of intrinsic value in these assets.