Smart Money Continues to Flow into the BSC Chain, Meme Coin "Immortal Cultivation" Sees Transaction Volume Exceeding $1.2 Billion, Price Surges 40% in the Short Term

According to GMGN data monitoring, possibly fueled by the Binance Meme Rush leaderboard, the meme coin "修仙" saw a net inflow of nearly $500,000 within 1 hour of what is titled "Let's Cultivate Immortality Together!" article-based meme, currently priced at $0.032, with a price surge of over 40% in 1 hour, now holding the top spot on the Meme Rush leaderboard. "修仙" achieved a trading volume of over $120 million in just 7 hours since its release, reaching a market capitalization of over $36 million at one point, experiencing a slight retreat earlier today but still showing continued growth. The Top 100 holding ratio has increased to 50%, indicating a net inflow of smart money.

BlockBeats reminds users that many meme coins lack practical use cases, exhibit significant price volatility, and investment should be approached with caution.