The market cap of the BSC chain Chinese meme coin 'Niu Bi' briefly surpassed $5 million

BlockBeats news, November 9: According to GMGN market data, the Chinese meme coin "Niu Bi" on the BSC chain surged to a market cap of over $5 million within 2 hours of launch, currently valued at $5.13 million, with trading volume reaching $8.3 million. Previously, Elon Musk posted on X platform today: "Chinese X is Niu Bi," praising the Chinese X community. The post was subsequently commented on by CZ. BlockBeats reminds users that token prices are highly volatile, and investors should proceed with caution.