Solana's new meme coin IQ traded $15 million in 2 hours after launch, with a market value of over $5.7 million

BlockBeats news, on July 31, according to market information, Solana chain's new meme coin IQ was traded at $15 million in 2 hours after it went online.

IQ is now quoted at $0.0057, up 26.17% in the past hour, with a market value of $5.7 million.

It is reported that the makenow.meme platform only needs one tweet to issue a token for free. IQ is the token issued by Nansen CEO Alex Svanevik when testing the technology developed by his friends.

BlockBeats reminds users that meme coins have no real use cases and investment should be cautious.