BlockBeats News, August 17: Director Xinyumeng of the Chinese domestic abstract animated film "Ox Is Here" publicly responded, confirming the official conclusion of the film's theatrical run. He expressed gratitude for the audience's concern and discussion, acknowledged the shortcomings of the work, and described this experience as very valuable for the team.

The production company of "Ox Is Here," located in Dalian, was previously completely removed from theaters due to "concerns about impacting the city's image." However, today there are reports that some local theaters have resumed screenings. The nationwide rumored "halt in new screenings starting August 17" has not been officially confirmed, with most cities continuing normal screenings on the 16th. But with the director confirming the end of the theatrical run, overall screenings have significantly reduced.

In terms of box office performance, the film saw a sharp increase from a few thousand yuan initially and continued to climb. As of tonight, the box office has exceeded 15 million RMB, ranking seventh in the 2026 China domestic animated film box office chart, as officially announced in a celebratory report.

According to GMGN data, trading of the meme coin "Ox Is Here" on the BNB Chain remains active. The market capitalization once again hit a new high of $49.2 million, fell back to $36 million after failing to break through $50 million, with a short-term correction of 26%, a 142% increase in the last 24 hours, and a 24-hour trading volume of $37.5 million.

BlockBeats reminds users that meme coins often lack practical use cases, have significant price fluctuations, and investment should be approached with caution.