Solana chain Meme coin GP market cap briefly breaks $30 million, up over 101% in 24 hours.

BlockBeats news, September 24, according to GMGN data monitoring, the market capitalization of Solana chain Meme coin RuneScape Gold (GP) briefly surpassed $30 million, hitting a historic high, now reported at $27.4 million, up over 101% in 24 hours.

GP is themed around the gold coins of the classic game RuneScape, paired with tokenized gold GLDx. Each GP transfer incurs a 3% tax fee, and the accumulated fees are periodically converted by StonkFun and distributed proportionally in GLDx to eligible holders, forming a "hold to gain gold price exposure rewards" mechanism, making it a highly volatile Meme asset that integrates gaming nostalgia narrative, transaction tax dividends, and tokenized gold concept.

BlockBeats reminds users that Meme coins mostly lack practical use cases, with large price fluctuations, and investment requires caution.