Solana ecosystem token PUMPCADE's market cap briefly surpasses $20 million, with a 45% price increase in 24 hours

BlockBeats News, April 3rd, according to GMGN monitoring, the Solana ecosystem token PUMPCADE hit a new high market capitalization, briefly reaching $21.1 million, currently retreated to around $18.55 million, with a 45% increase in 24 hours.

It is reported that the token is from the Pumpcade project, which is a prediction market built on Pump.fun. It won the third place in a hackathon held in March and thereby secured a $250,000 investment from the Pump Fund (Pump.fun's investment arm).

BlockBeats Note: Meme coins are highly volatile, often rely on market sentiment and hype, and have no real value or use case. Investors should be aware of the risks.