BlockBeats News, January 22nd, according to GMGN monitoring, the on-chain Solana Meme coin TROLL has seen its market cap rise to $30 million, with its price reaching as high as $33 million market cap at one point, currently trading at around $0.031, with a nearly 52% increase in the past 24 hours.
This surge may be attributed to Binance US announcing the opening of the TROLL trading pair on January 22nd at 9 PM EST. Additionally, data shows that the market actually started to rise around 3 AM earlier today, with an increase of over 70% from the current price, preceding the official announcement time (around 10 AM today).
BlockBeats reminds users that Meme coin trading is highly volatile, often driven by market sentiment and hype, lacking actual value or use case. Investors should be cautious of the risks involved.
