The market capitalization of Meme coins on the BSC chain has largely rebounded today, with low-market-cap Meme coins themed around the Year of the Horse leading the gains.

BlockBeats News, January 16 — According to GMGN monitoring, most Meme Coins on the BSC chain experienced a slight rebound this morning, with Meme Coins themed around the Year of the Horse showing particularly strong gains. “I’m Riding My Horse” has increased by approximately 10% in the past 6 hours, with a market cap currently at $18.3 million and a current price of about $0.0182. Additionally, a number of Meme Coins with market caps over $1 million, including “Black Horse,” “Crying Horse,” “Horse Success,” and “Teng Little Horse,” also recorded significant gains today.

Furthermore, according to monitoring, influenced by the USD1 trading competition, the USD1 pool Meme Coin “One” surged after opening today, with a market cap temporarily at $8.8 million. Its upward pattern is similar to “An” and “BIG DON,” with a large number of suspected related new addresses engaging in batch transactions on-chain.

BlockBeats reminds users that Meme Coin trading is highly volatile, largely driven by market sentiment and hype around concepts, with no real value or utility. Investors should be cautious of risks.