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Musk Reacts to Base Ecosystem Meme Coin Russell, Price Surges 3x Before Retreating

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Elon Musk reacted to a post from Base ecosystem meme coin Russell with a 'fire' emoji on X, sparking a threefold price surge before a pullback. On-chain data shows Russell’s market cap is $9.4 million with $5.5 million in 24-hour volume. Altcoins to watch often include meme tokens, but Chainthink warns they lack real-world use and are driven by hype. Investors are urged to stay cautious.
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