Data: Influenced by the news of Binance US going live, the Meme coin USDUC rose 550% during the day

According to GMGN monitoring, after the release of related positive news, the market capitalization of the Meme coin USDUC on the Solana chain surged nearly tenfold, reaching a peak of 29 million USD, but has now significantly retreated to 14.7 million USD, with a 24-hour increase still holding at 550%, and the trading volume during the same period reached 21.8 million USD.

The direct factor for this increase may stem from Binance US announcing that it will launch the token's spot trading pair at 7 AM Eastern Time.

ChainCatcher reminds users that trading in Meme coins is highly volatile, largely relying on market sentiment and speculative hype, and has no actual value or use case; investors should be aware of the risks.