The Ethereum Meme coin EBULL has risen by more than 2,000% in the past 24 hours, and its market value has exceeded 17 million US dollars.

BlockBeats news, on October 7, according to market data, the Meme coin EBULL on the Ethereum chain rose by more than 2000% in the past 24 hours, and its market value exceeded 17 million US dollars.

Earlier, Ethereum co-founder Vitalik Buterin posted on social media, "I am very grateful to those Meme coin projects that donated part of their token supply directly to charities. (For example, I saw Ebull donated a large number of tokens to multiple groups last month)"

BlockBeats reminds users that Meme coins have no actual use cases, and users need to carefully identify and pay attention to investment risks.