From 10 million to 50 million USD, the Meme coin "I'm Coming" creates a miracle of growth in 10 days

Binance Alpha strikes again. This platform, known as the “Project Observation Pool,” has propelled the Chinese Meme coin “我踏马来了” from obscurity to market spotlight in just two days—its market cap soaring from $10 million on January 8 to $50 million on January 10, creating another growth myth in the Meme coin world. But behind the numbers, is it opportunity or trap? Worth deep reflection.

Complete Trajectory of Market Cap Surge

According to GMGN data, the rise of “我踏马来了” can be described as “acceleration”:

In less than 48 hours since listing, the market cap increased nearly fourfold. While such speed is not uncommon in Meme coins, it still drives market frenzy.

The Driving Force Behind Binance Alpha

The core driver of this surge is the launch of Binance Alpha. According to relevant information, Binance Alpha is not a mainboard listing but a “testing pool for high-heat new tokens.” Binance screens hot projects through this platform, allowing users to experience them early, but whether they “graduate” to the main site depends entirely on subsequent performance.

This model’s benefits are obvious: Binance leverages its traffic and credibility to quickly boost project popularity. For a Chinese Meme coin like “我踏马来了,” the launch of Binance Alpha acts as a “credibility certificate,” attracting a large influx of investors. Data shows that on January 8 alone, trading volume reached $6.4 million, indicating high participation.

Hidden Concerns Behind Extreme Gains

The most eye-catching story is that of the trader: ten days ago, he spent $84.87 to buy in, now his holdings are worth $93,300, having sold part of his position for a profit of $27,082.18, with a single coin unrealized profit of $95,900. That’s over a thousand times return.

But this case highlights the core characteristic of Meme coins—extreme volatility. The trader’s profit implies someone else bought at a high price. The market cap fluctuated from $39.45 million to $50 million and back, such intense oscillations pose huge risks for latecomers.

The True Limitations of Binance Alpha

It’s important to note that launching on Binance Alpha does not eliminate risk. Relevant information mentions that the Chinese Meme coin “币安人生,” previously listed on Alpha, reached a market cap of $150 million within three days, but whether it survives ultimately depends on luck. This shows Binance Alpha’s screening is limited; it’s more about traffic distribution than project quality assurance.

The name “我踏马来了” itself embodies Meme coin traits—no real utility, entirely driven by hype and topicality. Data clearly states that most Meme coins lack practical use cases and experience large price swings.

Summary

The growth of “我踏马来了” from $10 million to $50 million is indeed astonishing, but such growth is built on three foundations: Binance Alpha’s traffic boost, the craze for Chinese Meme coins, and market appetite for extreme gains. For latecomers, this could be an opportunity to turn around, or a trap to take over.

According to relevant information, Meme coin prices are highly volatile, and investing requires extreme caution. The trader who made $95,900 is lucky, but his luck is based on the losses of others. Before participating, ask yourself: Are you making strategic moves or just gambling?