Most Popular Meme Coins on the Monad Chain Experience 50% Value Plunge, While Moncock Surges Against the Trend by 350%

BlockBeats News, December 1st, according to GMGN monitoring, Monad's popularity has declined. The market value of most popular Meme coins has been halved multiple times. The first Meme coin on-chain to surpass a market value of tens of millions, CHOG, now has a market value of less than 3 million USD, except for the top two in the market value ranking, all others have a market value of less than 300,000 USD.

According to monitoring, moncock has risen against the trend today, with a 350% increase in 24 hours. The market value is currently reported at 1.2 million USD, with a current price of about 0.0012 USD, making it the second-largest Meme on the Monad chain by market value.

BlockBeats reminds users that Meme coin trading is highly volatile, mostly relying on market sentiment and hype, with no actual value or use case. Investors should be aware of the risks.