Meme coin mihao's market capitalization surpasses $24 million; Ansem posts a buy recommendation.

Meme coin mihao's market capitalization briefly exceeded $24 million, a more than 30-fold increase in 24 hours, currently at $22 million, with a trading volume of $53 million during the same period. Trader Ansem promoted mihao, causing its price to surge in the short term. Ansem stated that mihao has profile picture-based community features, facilitating social sharing and community expansion, and its inclusion of Chinese characters could attract buying from whales in both the East and West. Ansem also claimed that the on-chain price had bottomed out and changed his profile picture to an "X" pointing to the token.