Data: Some on-chain memes on Solana saw significant price increases, with PIPPIN rising by 35%.
TL;DR
Solana memecoins like PIPPIN surged up to 51.6% in 24 hours, but trading is highly volatile and risky with no real value.
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According to ChainCatcher, GMGN monitoring shows that some memes on the Solana chain have performed exceptionally well, with significant gains in the past 24 hours. Specifically: PIPPIN: up 35.5% in 24 hours, with a market capitalization of $486 million and a current price of approximately $0.487; ACT: up 14.1% in 24 hours, with a market capitalization of $35.18 million and a current price of approximately $0.037; WhiteWhale: up 20.9% in 24 hours, with a market capitalization of $8.21 million and a current price of approximately $0.0082; and snowball: up 51.6% in 24 hours, with a market capitalization of $7.94 million and a current price of approximately $0.0079.
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.