Solana EVM-Compatible Meme Coin Surpasses $1 Billion Market Cap, with a 24-hour Price Increase of 312%

BlockBeats News, November 27th, according to GMGN data, the $1 market cap of a Solana on-chain meme coin has surpassed 40 million U.S. dollars, currently at 38 million U.S. dollars, with a 312% 24-hour price increase and a 75 million U.S. dollar 24-hour trading volume.

It is reported that the meme coin aims to reach a price of 1 U.S. dollar, with the current price at 0.038 U.S. dollars.

BlockBeats reminds users that meme coins currently have no practical use case, exhibit high price volatility, and investment should be approached with caution.