'Niu Lai' Original Top Address Pauses Selling, Drops to Fifth Place; Top Four Addresses Currently Firmly Holding

BlockBeats news, on August 18, according to TradingBeats (formerly Hyperinsight) monitoring, the original top address of 'Niu Lai' has paused selling, with no further actions in the past 12 minutes. The total sell-off amount is locked at approximately $360,000 worth of tokens, while it still holds $474,000 worth of tokens. Its holding ratio dropped to 1.25% after the sell-off, losing its top position and falling to fifth place. The current top four addresses have not made any selling moves since 'Niu Lai' launched on Binance Alpha. According to GMGN market data, the Meme coin 'Niu Lai' currently has a market cap of $38 million and a 24-hour trading volume of $32 million. BlockBeats reminds users that Meme coins often lack practical use cases, have significant price volatility, and require cautious investment.