A certain MEME coin on the BSC chain has indeed attracted a lot of attention recently. On January 14th, this coin surged to $0.265, with a daily increase of over 40%, and its popularity skyrocketed. Several factors contributed to this rally: the MEME concept continued to heat up during this cycle, it coincidentally aligned with the hot topic of the Year of the Horse in the lunar calendar, and the project team’s market promotion. Under the combined effect of these factors, the coin price experienced a notable rally.

However, it must be said—these types of coins are indeed as volatile as a roller coaster. From the distribution of holdings, the chips are quite concentrated, which means a quick correction could happen at any time. Even with impressive short-term gains, the risks are still present. If you want to participate, you should control your position size and avoid putting all your chips into highly volatile assets. The market is always there, but protecting your principal is equally important.