Solana Ecosystem Meme Coin RALPH Surpasses $43 Million Market Cap to Hit New All-Time High, Surging Over 250% in 24 Hours

BlockBeats News, January 17th, according to GMGN market data, the market capitalization of the Solana ecosystem meme RALPH has exceeded 43 million US dollars, reaching a historic high, with a 24-hour increase of 253% and a 24-hour trading volume of 17.7 million US dollars.

The inspiration behind RALPH's creation is the classic character Ralph Wiggum from "The Simpsons."

BlockBeats previously reported that an insider of RALPH had spent 12.3 SOL (worth $1,668) to purchase 28.8 million RALPH tokens, which are now worth $1.07 million, achieving a 642x return.

BlockBeats Note: Meme coins have huge price volatility, rely heavily on market sentiment and hype, have no actual value or use case, and investors should be aware of the risks.