BSC chain meme coin NiuBi briefly surpasses $5 million market cap, rising over 51.3% in the past hour

On November 09, according to GMGN data, the market capitalization of the BNB Chain-based Meme coin Niubi briefly surpassed $5 million, surging over 51.3% in the past hour, now at $5.46 million.

Earlier reports indicated that Elon Musk posted a mixed Chinese-English message on X today stating: "Chinese 𝕏 is badass," using Chinese internet slang to praise the Chinese X community.

reminds users that Meme coins typically lack practical utility, exhibit significant price volatility, and investment requires caution.