ME News report, September 7 (UTC+8): According to GMGN market data, today’s meme coin activity continues to rotate between Robinhood Chain and Solana, with capital rapidly shifting between high-market-cap leaders and new narrative tokens. On Robinhood Chain, MEME, BONER, and PONS remain the primary trading themes, while on Solana, zec and STONK are driving momentum. On Robinhood Chain, PONS made its first attempt to reach a $1 billion market cap yesterday, peaking at $990 million, and is currently consolidating at elevated levels. The current price of PONS is approximately $0.801, with a market cap of around $802 million, a 24-hour decline of about 15.4%, and a 24-hour trading volume of approximately $136 million. MEME surged yesterday, briefly reaching a market cap of around $174 million before pulling back. The current price of MEME is approximately $0.096, with a market cap of around $96.5 million, a 24-hour gain of about 118%, and a 24-hour trading volume of approximately $108 million. BONER has rebounded again, with its market cap briefly surpassing $80 million; GMGN shows its all-time high market cap was approximately $89.3 million. The current price of BONER is approximately $0.067, with a market cap of around $67 million, a 24-hour gain of about 114%, and a 24-hour trading volume of approximately $31.3 million. On the Solana network, zec continues to maintain high trading volume, with its market cap briefly reaching approximately $114 million. The current price of zec is approximately $1,184, with a market cap of around $1.13 billion, a 24-hour gain of about 11.8%, and a 24-hour trading volume of approximately $90.5 million. zec primarily benefits from narratives tied to Zcash/ZEC, attracting capital through the privacy coin sentiment and broader Solana meme momentum. Additionally, STONK on Solana has also performed strongly, with its market cap briefly reaching approximately $191 million. The current price of STONK is approximately $0.165, with a market cap of around $145 million, a 24-hour gain of about 141%, and a 24-hour trading volume of approximately $104 million. STONK is associated with the stonkfun ecosystem and is among the newest and most actively traded narratives on Solana recently. (Source: BlockBeats)
Meme Market Volatility: PONS Fails to Reach $10B, Solana Ecosystem Gains Momentum
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Summary
Market news on September 7 shows the meme sector shifting between Robinhood Chain and Solana. PONS briefly reached $990 million but is now at $802 million. Solana’s zec and STONK are rising, with zec at $113 million and STONK at $145 million. Bitcoin market news remains secondary as meme-driven flows dominate.
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