Meme coin "mihao" briefly surpassed $24 million in market capitalization, with a 24-hour price surge of over 30 times.
14 minutes ago
According to GMGN data, meme coin "mihao" briefly hit a $24 million market cap, surging over 30 times in 24 hours, with its current market cap standing at $22 million and trading volume reaching $53 million in the same period. This evening, prominent trader Ansem posted a bullish call on the meme coin "mihao", triggering a short-term rally. Ansem said "mihao" is expected to reignite positive on-chain sentiment, noting the token’s avatar-based community attributes that facilitate social dissemination and community expansion, plus its Chinese elements, which could attract both Eastern and Western crypto whales to buy in. Ansem also claimed the on-chain market has bottomed out. Earlier today, Ansem changed his X profile picture, which references the meme coin "mihao" — modeled after a cat that speaks the Chinese pinyin "nihao". BlockBeats reminds users that related tokens are highly volatile, so investors should exercise caution.
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