「Binance Coin's Life」 reached a new all-time high market capitalization of $7 billion this morning, with a cumulative two-day gain of nearly 54%.

June 1: According to GMGN monitoring, the meme coin "Binance Life" hit a new all-time high with a $700 million market cap in the early hours of today, before a slight retracement. Since its launch on the evening of May 30, the token has logged an overall gain of 53.8%. As of press time, its market cap stands at around $650 million, representing a 26% increase over the past 24 hours, with on-chain trading volume hitting $18.4 million in the same period. The $700 million peak earlier this morning was fueled by a large-scale buy by trader address 0x82. This address purchased approximately 8.1 million tokens at 4 a.m. today, worth roughly $4.98 million—the single largest transaction of the day. Currently, this address holds 5.27 million tokens in its on-chain wallet. BlockBeats Reminder: Meme coins are highly volatile, driven primarily by market sentiment and hype rather than actual intrinsic value or practical utility. Investors should exercise caution given the significant risks involved.