Meme Coin 'memes' Market Cap Surges Past $20 Million, Hits All-Time High

BlockBeats News, January 21st, according to GMGN market data, the market value of a new Meme coin "memes" in the BSC ecosystem briefly exceeded 20 million U.S. dollars, reaching a new all-time high. It surged 66% in the past half hour, with a 24-hour trading volume of 27 million U.S. dollars.

It is reported that "memes" originated from a tweet released earlier today by the official White House account stating "The winning will continue. The deportations will continue. The memes will continue." After the CEO of a certain exchange retweeted the tweet, the price saw a significant increase.

BlockBeats Note: Meme coins are highly volatile, often driven by market sentiment and speculative concepts, without actual value or use case. Investors should be aware of the risks.