Meme Coin MOLT Surges 270% in 1 Hour, Market Cap Exceeds $7.26M

KuCoinFlash

Release Time: 03/10/2026 14:01:44

Summary

On March 10, the meme coin MOLT surged 270% in one hour, reaching a market cap above $7.26 million, according to GMGN. The rally follows Meta’s acquisition of Moltbook and the hiring of its two founders for its Superintelligence Labs. Market sentiment remains a key driver for such assets, with prices often influenced by shifts in the Fear & Greed Index. Blockbeats warns that meme coins lack intrinsic value and are highly speculative.

BlockBeats report, March 10: According to GMGN monitoring, the Base ecosystem meme coin Moltbook (MOLT) surged over 270% in one hour, with its market cap currently at $7.26 million. Previously, Meta announced the acquisition of Moltbook and the onboarding of its two founders into the Meta Superintelligence Labs (MSL) team.

BlockBeats reminds users that Meme coins exhibit extreme price volatility, largely driven by market sentiment and speculative hype, with no real value or use case—investors should be aware of the risks.

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