ChainCatcher message, according to GMGN data, the BSC chain Meme coin “Laozi” surged over 730 times within the day, with its market capitalization once exceeding 6 million USD, currently around 5.86 million USD.
ChainCatcher reminds users that Meme coin prices are highly volatile, and investors should be cautious of risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Rises to $77,000 While Holding $75,000 Support as Traders Maintain Short Bias
Bitcoin rose to $77,000 today while maintaining $75,000 support. However, negative funding rates, unchanged open interest, and cautious trader positioning indicate a lack of conviction in the upside.
GateNews1m ago
Crypto Fear and Greed Index Rises to 40 Overnight, Up 15 Points from May 1
According to Coinglass data, the Crypto Fear and Greed Index rose to 40 overnight from May 1, up 15 points. The index remains in fear territory, down from the 7-day average of 33 and 30-day average of 24.
GateNews2h ago
JPMorgan: Stablecoin trading volume surges, but the velocity mechanism prevents market cap from growing proportionally
JPMorgan points out that stablecoin trading volume has risen rapidly, and that increased velocity means market cap may not grow in step; it expects stablecoin market cap to be $500-600 billion in 2028, taking a conservative stance versus the more optimistic trillion-dollar forecast. In 2026 Q1, market cap was $315 billion, trading volume was $28 trillion, and the annualized figure was $17.2 trillion. This view differs from a16z’s “programmable money” thesis, showing the stablecoin debate has entered mainstream institutional discussions.
ChainNewsAbmedia3h ago
JPMorgan: Stablecoin Usage Growth Won't Match Market Cap Rise
JPMorgan analysts led by managing director Nikolaos Panigirtzoglou said rising stablecoin usage may not lead to proportional growth in total stablecoin market capitalization, according to a recent report. The key reason is rising velocity—how often the same stablecoin is used in transactions—which m
CryptoFrontier4h ago
Bitcoin Bounces on May 1 as Big Tech Earnings Fuel Optimism
Bitcoin bounced on May 1, 2026, as positive earnings from major technology companies boosted market sentiment. Short-term pressures, however, continue to constrain gains.
GateNews4h ago
Bitcoin Climbs Above $78K as Senate Advances Crypto Legislation
Bitcoin recovered from a midweek dip to $75,500 to climb back above $78,000 by Saturday morning in Asia, according to the source. The recovery coincided with the Senate's passage of a stablecoin yield compromise, which removed a key roadblock to crypto market structure legislation.
## Price Recover
CryptoFrontier4h ago
