Meme coin 'Palu' on the Binance Smart Chain (BSC) experienced a dramatic 60% surge in just one hour, pushing its market capitalization beyond $37 million. The token is currently priced at $0.038, with a 24-hour trading volume reaching $7.1 million.
Despite the rapid increase, Blockbeats highlights the inherent volatility of meme coins like 'Palu', which are often influenced by market sentiment and hype rather than intrinsic value or practical use cases. Investors are advised to exercise caution when engaging with such assets.
BSC Meme Coin 'Palu' Jumps 60% in One Hour, Market Cap Hits $37M
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