The Solana ecosystem meme coin BELIEF has surged to a market capitalization of $12 million, with a 24-hour gain of 350%.

BlockBeats News, April 17, according to GMGN monitoring, the Solana ecosystem Meme coin BELIEF saw a significant surge this morning, with a current market cap of $12 million, a 24-hour increase of 350%, and a trading volume of $3.8 million during the same period.

It is reported that the token's narrative is based on the Proof of Belief (POB) model of Printr V2, a project incubated by the Bybit Venture Studio.

BlockBeats reminds users that Meme coins are highly volatile, rely heavily on market sentiment and hype, have no actual value or use case, and investors should be aware of the risks.