ME News reports that, as of August 4 (UTC+8), according to GMGN data, the Solana meme coin DOOM briefly surged past a $5 million market cap and is currently trading at approximately $5.1 million, up more than 160-fold on the day. Sandy Petersen, CEO of Petersen Games and developer of the DOOM game, posted on X: “I’m fully part of this community—we can build this together,” and confirmed that he has purchased DOOM. Odaily提醒: Meme coins are highly volatile and can experience extreme price swings in short periods. Please be aware of liquidity and holding risks. (Source: ODAILY)
Solana meme coin DOOM market cap exceeds $5M, surging over 160x in 24 hours
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Summary
The Fear and Greed Index for the Solana-based meme coin DOOM reflects extreme optimism, as its market cap briefly surpassed $5 million, surging more than 160x in 24 hours. On-chain data from GMGN shows a current valuation of approximately $5.1 million. DOOM developer Sandy Petersen confirmed his support, stating he is part of the community and has purchased the token. ODAILY warns of sharp price volatility and liquidity risks.
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