Solana-based Meme Coin GOONC Surpasses $20 Million Market Cap After 4 Hours Online

BlockBeats News, May 13th, according to GMGN market data, X platform KOL Pata van Goon (@basedalexandoor) released a celebrity coin called GOONC on the meme launch platform Believe this morning. The market cap surged to $20 million within 4 hours of launch and is now trading at $22 million with a trading volume of $25.6 million.

According to @basedalexandoor's profile, a16z co-founder Marc Andreessen is following the account, with his bio stating "applied @openai".

BlockBeats reminds users that meme coins have no practical use case, experience high price volatility, and users should exercise caution.

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Solana-based Meme Coin GOONC Surpasses $20 Million Market Cap After 4 Hours Online

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Machi sold off 31 BAYC at a loss in the past week, and the funds obtained have been lost entirely through contract trading.