Solana meme coin 'Just a Backpack' market cap exceeds $4M

KuCoinFlash

Release Time: 2026/09/08 02:23:03

SOL

$101.28-3.09%

Summary

On-chain data shows that the Solana-based meme coin 'Just a Backpack' briefly surpassed a $4 million market cap on September 8, according to GMGN. The token is now valued at $2.98 million with a 24-hour trading volume of $6.4 million. Ansem purchased 4.5 million tokens for $15,000 just 20 minutes earlier. 'Just a Backpack' is paired with the Backpack token BP. Blockbeats notes that meme coins often lack real-world utility and are subject to high volatility.

BlockBeats report, September 8: According to GMGN market data, the Solana-based meme coin "Just a Backpack" briefly surpassed a market cap of $4 million and is currently trading at $2.98 million, with a 24-hour trading volume of $6.4 million.

On-chain data shows that crypto trader Ansem spent $15,000 to purchase 4.5 million 'Just a Backpack' tokens 20 minutes ago. 'Just a Backpack' is a meme token related to the Backpack theme and is paired with the Backpack token, BP.

BlockBeats reminds users that most meme coins lack practical use cases and exhibit high price volatility—invest with caution.

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