ChainCatcher report, according to GMGN data, the Solana-based meme coin Kimchi briefly surged past $15 million in market cap, with a 24-hour gain exceeding 47%, before retreating to $9.4 million. On the news front, trader Kimchi (@kimchi1x) has re-added Pump.fun to his X profile bio. Previously, after trader Kimchi (@kimchi1x) joined Pump.fun, the namesake meme coin $Kimchi experienced a rapid spike: social media records show the token reached a $30 million market cap approximately 10 minutes after launch and briefly surpassed $40 million about an hour later.
Solana meme coin Kimchi surpasses $15M market cap, 24-hour surge exceeds 47%
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Summary
The Solana-based meme coin Kimchi briefly reached a $15 million market cap, surging 47% in 24 hours before dropping to $9.4 million. The spike followed trader Kimchi (@kimchi1x) re-adding Pump.fun to their X profile. Earlier, other altcoins to watch hit a $30 million market cap within 10 minutes of listing and peaked at $40 million within an hour. The crypto market continues to demonstrate strong meme coin activity.
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