Snowball token surged over 270% since mid-January, reflecting extreme volatility in BSC meme coins and prompting caution due to its lack of fundamental utility.
Since January 15, BSC-based meme token Snowball has risen 273%, peaking at $0.089 before retreating to $0.079 with a $79.3 million market cap. BlockBeats cautioned that Snowball’s price volatility is driven by market sentiment and lacks real-world utility, urging investors to remain prudent.