BSC chain Meme coin CZ's market cap briefly surpassed $50 million, surging over 250 times within the day

Odaily reports that according to GMGN market data, the BSC chain Meme coin CZ's market cap briefly broke through $50 million and is currently reported at $40.78 million, with an intraday increase of over 250 times.

Odaily reminds that Meme coins are subject to extreme price volatility, often driven by market sentiment and trending events, lacking substantial underlying value. Investors should be aware of the risks.