Based on Blockbeats, on December 10, the Solana blockchain saw multiple Meme coins surge, with Pump live Meme coin GBACK reaching a market cap of over $10 million, peaking at $11 million before slightly retreating to $9.42 million. The price of GBACK is currently around $0.009, with a 24-hour increase of 200%. Other Meme coins on Solana also saw significant gains, including PIPPIN (up 96%, $35.4 million market cap), 67 (up 92.5%, $23.04 million market cap), FKH (up 77%, $6.06 million market cap), and SPARK (up 255%, $5.5 million market cap). Blockbeats warns that Meme coins are highly volatile and driven by market sentiment and hype, with no intrinsic value or use cases, and investors should be cautious.
Multiple Meme Coins on the Solana Blockchain Rise More Than 70% in 24 Hours; GBACK Market Cap Surpasses $10 Million
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