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The USD1 Pool Meme Coin "An" on the BSC chain has continued to rise since this morning after a sudden surge, with a market capitalization of approximately $34.7 million.
BlockBeats News, January 13th, according to GMGN monitoring, the first Chinese Meme coin on the BSC chain using the USD1 stablecoin pool, “An,” has surged significantly since its launch today. Its market cap reached a high of 41 million USD, currently reported at 34.7 million USD, with a price of 0.034 USD.
It is reported that the rise of this Meme coin is not driven by any relevant positive news or community narratives. Although the related monitoring platforms have not detected any associated risks, caution is still advised. Market analysis suggests that this increase may be due to institutional actions.
BlockBeats reminds users that Meme coin trading is highly volatile, often relying on market sentiment and hype around concepts, with no real value or use cases. Investors should be aware of the risks.