Chinese meme tokens' popularity temporarily wanes, with "I'm f***ing here," "I'm the boss," and others experiencing significant market cap retracements.

On January 11, according to GMGN data, a large-scale correction occurred after a recent surge in popular Chinese Meme tokens on BNB Chain. Among them: “I Damn Came” market cap dropped from a peak of $52 million to $28 million, a decline of about 46% from the peak; “Laozi” market cap fell from a peak of $18 million to $11 million, down approximately 39%; “Life K Line” market cap decreased from a peak of $41 million to $16 million, a drop of about 60%; “CEX Life” market cap went from today’s high of $188 million to $153 million, down about 18%; “Hakeem” market cap declined from today’s peak of $48 million to $36 million, a decrease of about 25%; “Love You Old Self” market cap fell from its peak of $2.9 million to $1.8 million, down approximately 38%; “Golden Shovel” market cap dropped from a peak of $3 million to $700,000, a decrease of about 39%. BlockBeats reminds users that Meme coins generally lack practical use cases and are highly volatile, so caution is advised when investing.