Meme Coin FISH Surges Over 68% Today, Current Market Cap Reaches $7.5 Million

BlockBeats News, January 11th, according to GMGN data, the Solana-based Meme coin FISH rebounded over 68% today, with a current market value of $7.5 million and a 24-hour trading volume of $10.4 million.

The coin is inspired by a character from the international bestseller "The Rainbow Fish." The current hype originated from the well-known parody account Rainbow Fish on the X platform—this account suddenly returned and engaged in meme activities on the afternoon of January 1st after four years of silence. Subsequently, a token of the same name appeared on Pump.fun, driving the speculation of FISH and related Meme coins on Solana. The market value skyrocketed from about $70,000 to $700,000 in a single day, nearly decupling, and reached a historical high market capitalization of $14 million on the 8th.

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