BlockBeats News, May 13th, according to GMGN monitoring, the Solana-based Meme coin aura saw a rebound after a retracement. Its market capitalization surpassed $30 million from a low of $20 million, with a 32.6% 24-hour price increase and a $2.3 million 24-hour trading volume.
The rise of aura in this cycle originated from a meme image with the caption "aura maxxxxing" posted on Binance's official Twitter on May 9th, immediately igniting the price of the Solana-based meme coin.
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.
