The market cap of Meme coins on the BSC chain surpasses $5 million, with a short-term surge of over 120%.

ChainCatcher News, according to market sources, possibly influenced by the Bitget Onchain Chinese new coin hot list and related tweets, the BSC chain Meme coin "Distinguished US Stock Trader" experienced a rapid short-term surge. Within one hour, the market cap of this token rose from about $2.4 million to a peak of $5.37 million. The current market cap is reported at $5.1 million, with the latest price around $0.0051.

This Meme narrative originates from the "Bitget US Stock Trading Guide." Currently, there are several Meme coins with the same name in the market, and the token contract with the highest liquidity is: "Distinguished US Stock Trader": 0xf6001f6509bd5ab20faac32339082fb254034444. ChainCatcher reminds users that Meme coin trading is highly volatile, mostly relying on market sentiment and hype around concepts, and lacks actual value or use cases. Investors should be aware of the risks.