Prominent account X Rainbow Fish returns to interaction after four years, with the namesake meme coin FISH seeing a 300% price increase in the last 24 hours

BlockBeats News, January 6th, according to GMGN monitoring, on the Solana Blockchain, the Meme coin FISH experienced a short-term surge today, increasing by nearly 400%, reaching a high of $0.0073. It then fell back to around $0.0061, with a current market value of approximately $6.16 million and a 24-hour increase of 300%.

The coin is inspired by a character from the international best-selling book "The Rainbow Fish." Its recent popularity originated from the well-known parody account Rainbow Fish on X platform. After being silent for four years, the account suddenly returned on the afternoon of January 1st and engaged in meme interactions. Subsequently, a token with the same name appeared on Pump.fun, driving speculation around FISH and related Meme coins on Solana. The market value surged from around $70,000 to $700,000 within a day, nearly decupling. Currently, the FISH price is still fluctuating at a high level.

BlockBeats reminds users that Meme coin trading is highly volatile, mostly driven by market sentiment and conceptual speculation, without actual value or use case. Investors should be aware of the risks.