According to BlockBeats, on September 12, former NBA star Lamar Odom launched a meme coin named L7. Market data indicates that the token's market capitalization has reached $100,000, with a trading volume of $2.13 million within the first two hours of its release. The current price of the token stands at $0.000102.

BlockBeats notes that meme coin prices are highly volatile and lack intrinsic value, urging users to exercise caution when participating.