ME News reports that, as of September 7 (UTC+8), according to GMGN market data, the speculative frenzy in the Solana ecosystem has gained momentum overnight and into the morning. The token issuance platform Stonk, which supports multiple asset pairs, saw its market cap surge past $188 million before pulling back; it is now trading at $137 million, up 225% in the last 24 hours. On this platform, the meme coin ZCAT, backed by a ZEC liquidity pool, has emerged as the leading asset of this round of speculation on Solana. Its market cap hit a new high above $170 million this morning before retreating; it is currently trading at $145 million, up 239% in the past 24 hours. (Source: BlockBeats)
Solana meme coin ZCAT reaches $170M market cap; Stonk platform token surges 225%
KuCoinFlashShare
Summary
The Solana-based meme coin ZCAT, one of the altcoins to watch in the digital asset market, surged to a peak market cap of $170 million on September 7 (UTC+8), before retracting to $145 million, achieving a 239% gain over 24 hours. Stonk, a multi-asset token issuance platform, saw its market cap briefly surpass $188 million before dropping to $137 million, reflecting a 225% increase during the same period.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.