Chinese Meme Coin "Laozi" Market Cap Surpasses $6 Million, Traders Should Beware of Risks

LiquiditySurfer · 2026-01-10T06:36:13+00:00

Recently, the Chinese Meme coin "Laozi" has rapidly risen, with a market capitalization exceeding $6 million, sparking a trading frenzy triggered by a tweet from an exchange executive. Meme coins are highly volatile and lack intrinsic value; investors should exercise caution and implement proper risk management.

LiquiditySurfer

2026-01-10 06:36:13

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【BlockBeats】Recently, a Chinese Meme coin called “Laozi” has gained popularity in the market. According to market data, the market capitalization of this coin broke through the $6 million mark in a short period, reaching a peak of $6.23 million, setting a new high. The origin of the whole story is quite interesting—an executive from a major exchange posted a tweet on Twitter, which then triggered a wave of trading enthusiasm.

However, to be clear, Meme coins are highly volatile, mainly driven by market sentiment and hype around concepts, with little real project value or practical application scenarios. They tend to rise and fall quickly, and retail investors can easily get caught in the trap. Therefore, it is recommended that everyone practice proper risk management when participating in such trades and avoid going all-in with the trend.

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MEVHunter

· 4h ago

nah bro, one exchange exec tweets and suddenly we got a 6m meme coin pump? classic toxic flow setup. mempool's gonna be absolutely rekt when this unwinds lol

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GateUser-7d83f2b7

· 01-10 07:35

Hold on tight, we're about to take off 🛫

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EthMaximalist

· 01-10 07:05

Another Meme coin hyped up by a big V, this time in Chinese, hilarious. --- $6 million? Let’s see how they recover the investment later, retail investors are just bagholders. --- One tweet from an executive can pump the price, this is crypto, really nothing more to say. --- Meme coins are just a concept game, no projects, no applications, purely emotional trading, no different from gambling. --- Waiting to see the show, who will buy the dip when it drops 80%, definitely not me. --- Why are people still going all-in on Meme coins? Can't they learn risk management? --- One tweet can rewrite the coin’s price, this market is really rotten. --- Even if I reach $6 million, I wouldn’t dare to touch it. The fate of quick money is quick losses. --- Here we go again, next month no one will remember this coin ever existed. --- Tweets from top exchange executives are just signals, retail investors following the trend are just giving away money.

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fomo_fighter

· 01-10 07:00

Another Meme coin ignited by an executive's tweet. This routine is so old, retail investors are still lining up to buy in.

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DeFiDoctor

· 01-10 06:54

Another executive's tweet triggers a "clinical case." Medical records show that symptoms like doubling market value in a short period are mostly complications caused by liquidity illusions and emotional drives, with the pumpers already offloading their holdings. Retail investors should ask themselves before entering: besides the concept of "I'm awesome," what else is there? Nothing. It's just gambling, not investing. It is recommended to regularly review your holdings and set proper stop-loss levels—that's the hard truth.

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BlockchainArchaeologist

· 01-10 06:43

Another story of a Twitter executive promoting products, a typical leek-cutting scheme. A single tweet from an executive can boost the market cap by 6 million. Still have the nerve to say it's worthless? We all know how this works. These kinds of coins are just gambling machines; everyone who gets involved should think about whether they're a gambler or the one getting cut.

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