On July 5, according to GMGN market data, the BSC chain meme coin TCC briefly surpassed a market cap of $20 million just 7 hours after its launch, currently reported at $19.2 million, with a trading volume of $12.5 million. BlockBeats notes that meme coin trading is highly volatile, largely dependent on market sentiment and speculative hype, lacking actual value or use cases, and investors should be aware of the risks.
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