2026-01-11 02:27:12

Another Chinese meme coin has gone viral. According to the latest data from the on-chain data platform, this conceptual coin called "Laozi" has already reached a market cap of $11.18 million, setting a new record. The craziest part is that it has surged over 44% in the past hour alone, making it a classic rollercoaster market.

The origin of this coin is quite interesting—it's based on content once posted by a senior executive of a major exchange on social media, which was then turned into a meme by netizens, gradually forming a meme coin concept. As you know, these types of coins rely heavily on market sentiment and trending topics. Once the hype fades, the trend can change very quickly.

However, a word of caution: meme coins are highly volatile, with little to no practical application or use case, driven entirely by concepts and emotions. Be cautious when entering the market, as they can rise quickly but also fall just as fast, carrying significant risk.

老子16,73%

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BlockImposter

· 01-11 20:52

Another meme coin surges 44% in one hour. Let's see who ends up holding the bag as the last sucker. My coin name is really outrageous; it skyrocketed to a market cap of tens of millions just based on a joke. Crazy. Once the hype dies down, it crashes immediately. Meme coins are just casinos—forget about their value. Some people definitely made a killing this time, but ten times more will suffer losses. Why are Chinese meme coins always so easy to pump? Chinese people really love this kind of thing. Everyone who gets into this is gambling with a mindset; they'll regret it the next second after hitting the daily limit. A new all-time high isn't worth much, and a new low isn't far off next time.

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DefiPlaybook

· 01-11 02:57

According to on-chain data tracking, the 44% increase over 1 hour essentially reflects the fragility of emotion-driven assets—zero TVL, no liquidation mechanism, and complete reliance on subsequent buyers. This is very similar to the Ponzi scheme in traditional finance and warrants caution.

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StableGeniusDegen

· 01-11 02:55

Another newbie harvesting machine, 44% in one hour. How many people will get liquidated? Memecoin is like this—once the hype passes, it drops to zero. I've seen it too many times. Laozi Coin? Haha, alright, I don't touch this kind anyway. Someone will have to take the hit again this time. Good luck to everyone. A market cap of 11.18 million is not too big, not too small, but the risk is absolutely intense.

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GateUser-3824aa38

· 01-11 02:52

Another one of these things, a 44% increase in one hour? Someone's about to buy in now. The name "Laozi Coin" is indeed quite bold. Meme coins are just gambling; don't fool yourself into thinking it's investment. Seeing the hype, time to leave. With this kind of 1-hour surge, I wouldn't dare to touch it. Meme coins rely on emotions to survive; once the emotions fade, they die. Here comes another round of chopping the leeks. How long can this wave of hype last? A week?

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RektRecorder

· 01-11 02:40

Laozi meme this wave is really awesome, 44% in 1 hour haha, making a killing or losing everything --- It's another emotional market, let's wait and see who will take the final baton later --- This is what meme coins are about, today's hero is tomorrow's ashes --- A single word from an executive can outweigh ten research reports, our industry is really something --- Rush to 11.18 million and then start bragging? Let’s see how long it can last --- No application scenario, purely hype. Well said, I’ll still go all-in --- Meme coins are gambling, don’t blame me if you lose, I warned you --- Rollercoaster market, how strong must your heart be? I can't handle it

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ETH_Maxi_Taxi

· 01-11 02:34

Haha, a new trick to cut leeks again. It rose 44% in 1 hour, and I already know how it will go next. Brothers, this time you really need to be cautious. Meme coins are like this—one second heaven, one second hell. Nine and a half out of ten who got in this wave will probably get trapped and lose money.

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