Several new meme coins on the BSC chain experience a drop of over 40%, with GIGGLE's market cap falling below $50 million

BlockBeats News, November 4th, according to GMGN monitoring, the on-chain activity on the BSC network has cooled down and attention has shifted. The "Binance Life" meme coin, in just two days, saw its market cap drop from a high of $260 million to nearly $100 million. Most meme coins saw their market caps halved, including:

The market cap of "Binance Life" was $198 million yesterday, and is now reported to be $109 million, a 46% drop in the past 24 hours;

The market cap of "Hakimi" was $21.46 million yesterday, and is now reported to be $12.42 million, a 44% drop in the past 24 hours;

The market cap of "GIGGLE" is now reported to be $48.21 million, with a 35% drop in the past 24 hours;

The market cap of "4" is now reported to be $49.30 million, with a 41% drop in the past 24 hours.

BlockBeats reminds users that meme coin prices are highly volatile, and user investment should be cautious.