CZ's statement causes a slight decline in Chinese Meme coins on the BSC chain, with the "Life K-line" price dropping over 20% in the short term

On January 13, according to GMGN monitoring, influenced by CZ’s statement “not opposed to Meme coins, but blindly following trends and trading Meme coins will most likely result in losses,” the market interpreted this stance as a negative attitude towards Meme projects based on “official IP derivatives” on his platform. As a result, several Chinese Meme coins on the BSC chain experienced varying degrees of decline. The price of “Life K Line” dropped over 20% within one hour. The specific information is as follows: “I Damn Came” experienced a 6% decrease in one hour, with a market cap of approximately $26.65 million and a current price of about $0.026; “Laozi” increased by 11% in one hour, with a market cap of approximately $11.49 million and a current price of about $0.011; “Life K Line” decreased by 23% in one hour, with a market cap of approximately $11.15 million and a current price of about $0.011. BlockBeats reminds users that Meme coin trading is highly volatile, heavily dependent on market sentiment and hype, and lacks real value or use cases. Investors should be cautious of risks.