Multiple Meme coins on the Solana blockchain surged, and Pump live streaming coin GBACK surpassed a market capitalization of ten million.
TL;DR
GBACK meme coin surged 200% to over $10M market cap, leading gains among Solana-based meme coins like PIPPIN and SPARK. Investors are warned of high volatility and risks in meme coin trading.
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On December 10th, according to GMGN monitoring, the market capitalization of Pump Live's meme coin GBACK surpassed $10 million, briefly reaching a high of $11 million. It has since slightly retreated to $9.42 million, currently priced at approximately $0.009, representing a 200% increase in the past 24 hours. Furthermore, with the market recovery, several meme coins on the Solana chain have seen gains exceeding 70% today. Details are as follows:
PIPPIN: Up 96% in 24 hours, market capitalization temporarily at $354 million, currently priced at approximately $0.354;
67: Up 92.5% in 24 hours, market capitalization temporarily at $23.04 million, currently priced at approximately $0.023;
FKH: Up 77% in 24 hours, market capitalization is temporarily at $6.06 million, currently priced at approximately $0.006;
SPARK: Up 255% in 24 hours, market capitalization temporarily at $5.5 million, currently priced at approximately $0.005;
BlockBeats reminds users that Meme coin trading is highly volatile, relying heavily on market sentiment and hype, and has no real value or use cases. Investors should be aware of the risks.