Meme Coin Memecoin Market Cap Rebounds to $7 Million, 24-hour Surge of 85%

BlockBeats News, March 5th, according to GMGN monitoring, on the Solana chain, the Meme coin memecoin has recently continued to rise, with today's extension of the increase, the market value has risen to about $7 million, currently at around $6.5 million, with a 85% increase in the past 24 hours, and a trading volume of about $1.2 million during the same period. The token has now been issued for 243 days.

The main factor of this round of increase may be that the Meme coin community announced on March 4th at 02:00 (Beijing time) that $memecoin will be officially migrated from Bonk to Pump fun, with the migration window open for 2 weeks until March 17th. Previously, the narrative market value peak of "just a memecoin" in July 2025 reached $57 million.

BlockBeats reminds users that Meme coin trading is highly volatile, relying heavily on market sentiment and concept speculation, without actual value or use case. Investors should be aware of the risks.