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The Meme coin "1" on the BSC chain has recently become extremely popular. On January 20th, its market capitalization once surged to a historic high of $17 million, then retreated to around $15.53 million. Its 24-hour trading volume skyrocketed to $19.34 million, and the number of holding addresses exceeded 5,700.
Where does this coin's popularity come from? We really have to thank Elon Musk. An article titled "How to fix your entire life in 1 day" was briefly reposted by him on the afternoon of the 18th, and as a result, it became the narrative source for this coin, directly igniting market sentiment.
But to be clear—Meme coins are highly volatile. Essentially, they are built on market hype and concept speculation, with no real value or practical use cases. Participants need to be aware of the risks and not be blinded by the price surges.