Niu Lai Traders Cash In On Meme Coin Surge
The Meme coin 'Niu Lai' (Bull's Coming) was listed on Binance Futures on August 30, and its market cap surged to a peak of $142 million, setting a new all-time high. In just half a month, the token born from an abstract-style film had staged a 'hundred-million-fold miracle'.
A wave of traders has profited handsomely from Niu Lai's surge, with one trader, Lana, turning $100 into over 10,000x wealth in five minutes after Binance Futures listed the token. She claimed the fomo trading account @fomopumpguy and posted about her '10,000x achievement unlocked'.
Other notable traders include Meme coin whale Laser Cat, who invested $10,700 in Niu Lai and returned nearly 105x; Prediction Market Master Lone Wolf Capital, who made multiple early buys in Niu Lai and splashed $300K at a $40 million market cap; and Trader Queen, who bought $1.5 million worth of Niu Lai ahead of the Binance Futures listing.