BlockBeats News, January 8, according to... GMGN Monitoring It was reported that the well-known X account Rainbow Fish purchased 5 million FISH tokens, a meme coin on the Solana blockchain, and locked them until 2027. Influenced by this news, the price of FISH surged 66% in a short time, reaching a new market cap high of $13.36 million. It has since retreated to $11.1 million, with the current price around $0.011. In the past 24 hours, FISH's trading volume reached $6.2 million, ranking it third on the trading volume list.
The Solana-based meme coin FISH surged nearly 400% today, reaching a high of $0.0073 before retreating to around $0.0061. Its current market capitalization is approximately $6.16 million, with a 24-hour increase of 300%.
The token was inspired by the character from the international bestseller "The Rainbow Fish." Its recent popularity originated from a well-known parody account on the X platform named Rainbow Fish. After four years of inactivity, the account suddenly returned on the afternoon of January 1st and interacted with internet memes. Soon after, a similarly named token appeared on Pump Fun, fueling hype for FISH and related Meme coins on Solana. The market value of these coins surged from approximately $70,000 to $700,000 within a single day, increasing nearly tenfold.