Solana Ecosystem Meme Coin KABUTO Surpasses $13 Million Market Cap Briefly, with a 327% Price Increase in 24 Hours

BlockBeats News, December 2nd, according to GMGN market data, the Solana ecosystem Meme coin KABUTO's market cap briefly exceeded $13 million, current market cap is $11 million, 24-hour trading volume is $8.4 million, and 24-hour price increase is 327%.

Kabuto refers to the first-generation Fossil Pokémon Kabuto, the founder of this Meme project claims to use transaction fees to buy Pokémon cards in the real world.

BlockBeats reminds users that Meme coins often lack practical use cases, have significant price volatility, and investment should be cautious.