「Instant Success」 experienced a flash crash of over 30%, leading some traders to switch to 「Here I Come Horse」.

BlockBeats News, January 8, according to GMGN monitoring, at 3 pm today, with the launch of "I'm Here to Step On" on Binance Alpha, the price saw a significant increase. Meanwhile, during the same period, the "Success is at Hand" token experienced a noticeable drop, with a decrease of nearly 30%, reaching a low of $0.001. It has now rebounded to around $0.0012, with a market value of approximately $1.22 million.

Furthermore, in the past 24 hours, the addresses ranked fourth and fifth on the buy list for "I'm Here to Step On" (0x443) (0xf88) and the address ranked sixth on the sell list for "Success is at Hand" (0xad8) all performed token swaps during the token's Alpha phase or prior to it. Among them, the address (0xad8) swapped part of its position for "I'm Here to Step On," buying around 1.66 million tokens at a price high of $0.0057. The current position is at a loss of about 26%.

BlockBeats reminds users that Meme coin trading is extremely volatile, highly reliant on market sentiment and speculative concepts, without actual value or use case. Investors should be aware of the risks.