Memecoin's market capitalization briefly rebounded to $30 million, a 36% increase in 24 hours.
AI Summary1 min read
TL;DR
Buttcoin, a Solana-based Meme coin, surged 36% in 24 hours, briefly hitting a $30 million market cap. Currently trading at $28.6 million, it highlights high volatility and risks in Meme coin investments.
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ButtcoinSolanaLayer 1Solana EcosystemSEC Security TokenHAIMeme coinmarket capitalizationcryptocurrency volatility
According to ChainCatcher, GMGN monitoring shows that Buttcoin, the Meme coin on the Solana chain, rose again this morning, with its market value briefly rebounding to $30 million. It is currently trading at $28.6 million, priced at approximately $0.0286, representing a 24-hour increase of 36%, with a trading volume of approximately $5.3 million.
ChainCatcher reminds users that Meme coin trading is highly volatile, largely dependent on market sentiment and hype, and has no real value or use cases. Investors should be aware of the risks.