Meme Coin MAGA Hits New All-Time High with Market Cap Surging Over $25 million in a Short Period, Registering a 200% Price Increase in 24 Hours

BlockBeats News, April 22, according to GMGN monitoring, the Solana-based Meme coin MAGA (Make Aliens Great Again) has continued to surge in market value, reaching a high of $25 million, hitting a new all-time high. It is currently hovering around $20 million, with a 24-hour growth rate of 200% and a trading volume of approximately $8.9 million.

It is reported that since April 17, following Trump's public statement about intending to release government files related to UFOs, UAPs, and possible extraterrestrial life, the related narrative has been gaining momentum, and the MAGA market value has surged from less than $50,000.

BlockBeats reminds users that Meme coins are highly volatile, often driven by market sentiment and hype around a concept, lacking actual value or use case. Investors should be aware of the risks involved.