Meme Coin 'Niulai' Surges Over 40% in 24 Hours, Market Cap Rebounds to $50 Million

According to GMGN market data on August 26, the BSC-based meme coin 'Niulai' experienced a price surge of over 40% within 24 hours, pushing its market capitalization back to $50 million. This movement follows the recent announcement by Zhipu AI (智谱) regarding the launch and open-sourcing of its 'Niulai' model, GLM-5.3-Flash.