The Binance Smart Chain-based meme coin 'Lobster' has experienced a significant price surge, briefly reaching a market cap of $16.5 million before settling at $13.4 million. This marks a daily increase of over 127%, according to GMGN monitoring. Despite the impressive gains, ChainCatcher advises caution, noting that meme coins like Lobster are highly volatile and driven by speculative market sentiment rather than intrinsic value or utility.