Meme Coin Shiba Inu Surges 20% in Quick Rally, Hits $47 Million Market Cap High

BlockBeats News, April 13th, according to GMGN monitoring, on-chain Meme coin neet on Solana continued to strengthen today, surging nearly 27% again in the past 2 hours, with a market value reaching a peak of $47 million, hitting a new all-time high. Currently trading at around $45 million, with a 24-hour gain of 60% and a trading volume of about $2.5 million during the same period.

BlockBeats Note: Meme coins experience significant trading volatility, often driven by market sentiment and hype, lacking actual value or use cases. Investors should be cautious of the risks involved.