Memes coin rebounded over 160% in 2 hours, with market value rebounding to $13.69 million

On January 21st, according to GMGN market data, the BSC ecosystem's new Meme coin "memes" rebounded by over 160% in the past 2 hours, with a market value of 13.69 million US dollars. Previously, it had fallen to 2.68 million US dollars, and the 24-hour trading volume rose to 75.4 million US dollars. The term 'memes' originated from a tweet released by the White House earlier today. Binance CEO He Yi reposted the tweet, which led to a significant increase in coin prices. He Yi subsequently deleted the reposted tweet. BlockBeats reminds that Meme coin trading is highly volatile and relies heavily on market sentiment and concept speculation. Investors need to be aware of risks.