Chinese Meme Coin "Laozi" briefly surpasses a market cap of $4 million, sparking community excitement with a tweet

SerumDegen · 2026-01-10T02:24:10+00:00

On January 10th, the Chinese Meme coin "Laozi" market capitalization once surpassed $4 million, then retreated to $3.35 million. This wave of market movement was triggered by a tweet from an exchange executive, showcasing the rapid volatility characteristic of the Meme coin market and reminding speculators to pay attention to risk management.

SerumDegen

2026-01-10 02:24:10

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【Blockchain Rhythm】On January 10th, the Chinese Meme coin “Laozi” sparked a wave of enthusiasm in the market. According to market data, the market capitalization of this coin once surged past 4 million USD, but has now retreated to around 3.35 million USD. The trigger for this market movement originated from a recent tweet by a senior executive of a major exchange, which directly ignited community discussion. From the peak to the pullback, we can observe the typical characteristics of the Meme coin market—rapid rise and rapid fall. These types of coins often lack fundamental support and are entirely driven by community consensus and sentiment; an influential statement can cause significant volatility. For players interested in the Meme coin ecosystem, this case once again highlights the importance of risk management.

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