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BlockBeats News | January 15
According to GMGN monitoring, the overall crypto market rebounded today. However, Chinese meme coins failed to follow the broader market recovery, with most experiencing notable declines.
Several recently trending Chinese meme tokens saw sharp pullbacks:
“I Stepped on the Horse”: Down 36% in the past 24 hours
Market cap: $12.5 million | Price: ~$0.0125
“Dark Horse”: Down 64% in the past 24 hours
Market cap: $4.8 million | Price: ~$0.0048
“Life Candlestick”: Down 54% in the past 24 hours
Market cap: $4.11 million | Price: ~$0.0041
“Laozi”: Up 53% in the past 24 hours
Market cap: $3.87 million | Price: ~$0.0038
BlockBeats reminds investors that meme coin trading is extremely volatile, largely driven by sentiment and hype, often lacking intrinsic value or real use cases. Participants should remain cautious and fully understand the associated risks.