Odaily Planet Daily reports, according to GMGN market data, the Solana ecosystem meme coin fone briefly surpassed a market cap of $4 million and is currently trading at approximately $3.9 million, with a intraday gain of over 97 times.
In terms of narrative, Fone centers around the concept of "apeonfone," summarizing the growing mobility and socialization of this round of meme coin trading as "an ape on a phone." The project's community draws a parallel to the previous cycle's "a dog with a hat" narrative of Dogwifhat, emphasizing the trading behavior in which users browse social media on their phones, receive trade signals, and directly purchase meme coins.
Odaily reminds you that meme coin prices are highly volatile, and these community-driven tokens lack solid fundamental support—please be aware of the trading risks.