According to recent market data released on October 6, the zkSync-based **Meme project** Cheems, which has migrated to the BNB Chain, has experienced a notable **price increase of 24.73%** within a 24-hour timeframe. The token’s price has temporarily reached **0.0₆1088 US dollars**, reflecting a **market capitalization of $23.65 million**. Industry experts caution that investments in **MEME tokens** can be highly volatile, given their speculative nature and the lack of tangible use cases. Investors are advised to exercise caution and prioritize **asset protection** during such unpredictable market movements. It is paramount to avoid the ‘Fear of Missing Out’ (FOMO) mentality when engaging with these types of assets, as the **cryptocurrency landscape** continues to evolve rapidly.
Source: https://en.coinotag.com/breakingnews/cheems-token-surges-24-73-after-migrating-to-bnb-chain-key-insights-on-meme-market-volatility/