The prices of the meme coins "Vulgar Penguin" and "BNBHolder" on the BSC chain continue to decline, falling more than 50% from recent highs

According to GMGN monitoring, since the launch of Binance Alpha, the prices of the BSC chain Meme "Silly Penguin" and "BNBHolder" have continued to decline after a brief surge. As of now, "Silly Penguin" has a market cap of approximately $3.83 million, with a current price of $0.0038, down about 58% from its peak; "BNBHolder" has a market cap of approximately $5.7 million, with a current price of $0.0057, down about 67% from its peak.

ChainCatcher reminds users that Meme coin trading is highly volatile, largely relying on market sentiment and speculative concepts, and has no actual value or use case. Investors should be aware of the risks.