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Meme Coin Volatility Survey: CZ's Remarks Trigger Severe Fluctuations in Chinese Tokens on BSC Chain
【BitPush】According to on-chain data monitoring, several Chinese Meme projects on the BSC chain have experienced significant fluctuations within the past hour. The market generally attributes this to the latest statement by a well-known industry figure—although he stated he is not entirely opposed to Meme coins, he expressed reservations about platform official IP derivative projects. Many traders interpret this remark as a negative signal.
Specifically, the performance of several popular tokens shows clear differences:
Life K-line performed the worst, with a drop of up to 23% within an hour, a market cap of approximately $11.15 million, and a current price around $0.011.
I’m Coming also declined by 6%, with a market cap of $26.65 million and a quote of about $0.026.
Interestingly, Laozi defied the trend and rose by 11%, with a market cap of $11.49 million, currently trading at $0.011, demonstrating the randomness of the Meme coin market.
To be honest, trading these kinds of tokens is just like that—completely driven by market sentiment and hype, with no real application or value support. Fluctuations of 20%+ are common, and without sufficient risk management awareness, it’s easy to get caught in traps. Traders are advised to exercise caution.