BSC On-Chain Meme "Meme Pengu," "BNBHolder" Price Continues to Decline, Retreating Over 50% from Recent Highs

BlockBeats News, November 27th, according to GMGN monitoring, after being listed on Binance Alpha on the 25th, the on-chain Meme "Vulgar Penguin" and "BNBHolder" on the BSC chain experienced a brief price surge followed by a continuous decline. As of now, the market cap of "Vulgar Penguin" is approximately $3.83 million, with a current price of $0.0038, representing a 58% drop from its peak; the market cap of "BNBHolder" is approximately $5.7 million, with a current price of $0.0057, representing a 67% drop from its peak.

BlockBeats reminds users that Meme coins experience significant price fluctuations, rely heavily on market sentiment and hype, lack practical value or use cases, and investors should be aware of the risks involved.