"The DAO" Market Cap Surpasses $6 Million, Up Another 150% in the Past 6 Hours

BlockBeats News, January 10th, according to market data, the Chinese Meme coin "Laozi" briefly exceeded a $6 million market cap to hit a new high, now standing at $6.23 million. This Chinese Meme coin originated from a tweet posted by the CEO of a certain exchange 10 hours ago.

BlockBeats Note: Meme coins are highly volatile, mostly driven by market sentiment and hype, lacking practical value or use cases. Investors should be cautious of the risks involved.