[Meme Coin "mihao" Market Cap Briefly Surpasses $24 Million, Up Over 30 Times in 24 Hours] BlockBeats reports that on November 11th, according to GMGN data, the market capitalization of Meme Coin "mihao" briefly surpassed $24 million, an increase of over 30 times in 24 hours. Its current market capitalization is $22 million, with a trading volume of $53 million during the same period. This evening, renowned trader Ansem posted a buy recommendation for Meme Coin "mihao," causing a short-term surge. Ansem stated that Meme Coin "mihao" has the potential to revitalize the on-chain positive atmosphere. The token features an avatar-based community, facilitating social media dissemination and community expansion, and incorporates Chinese characters, potentially attracting large buyers from both the East and West. Ansem also claimed that the on-chain price has bottomed out. Earlier today, Ansem changed his profile picture to an X, now pointing to Meme Coin "mihao" (based on a cat speaking the Chinese pinyin "nihao"). BlockBeats reminds users that the prices of related tokens are highly volatile, and users should exercise caution when investing.