The meme token '1' (Ucan fix life in1day) on the BNB Chain briefly exceeded a $10 million market capitalization within six hours of its launch. Currently, the token's market cap stands at $7.6 million, with a trading volume of $12.3 million. Despite the rapid growth, BlockBeats cautions that meme coins often lack practical use cases and can experience significant price volatility, advising investors to proceed with caution.