Meme coin RAYCAT market cap breaks through $15 million, hitting a historic high.

BlockBeats news, September 11, according to GMGN data, the market capitalization of Solana chain Meme coin Raydium Cat (RAYCAT) has surpassed $15 million, hitting a new all-time high, currently at $14.5 million, with a 24-hour increase of 350%, and a trading volume of $3.4 million during the same period.

Several tens of minutes ago, the Fomo platform officially announced that Raycat has been listed and verified on the platform.

RAYCAT was launched on the StonkFun platform, directly paired with RAY, with a 3% tax on each transfer proportionally distributing RAY rewards to all holders, while StonkFun's ecosystem flywheel continues to use platform revenue to buy back and burn the token. In short: holding RAYCAT allows you to automatically receive Raydium's native token RAY.

BlockBeats reminds users that Meme coins often lack practical use cases, and their prices are highly volatile, so investment requires caution.