Meme coin e/acc market cap breaks through $13 million, up 212% in 24 hours.

BlockBeats news, September 28, according to GMGN market data, the market capitalization of Solana chain Meme coin e/acc surpassed $13 million, with a 24-hour increase of 212% and a trading volume as high as $26.3 million.

This token, through the creator fee automatic splitting tool UsePaid, pays the generated creator fees to the Silicon Valley influencer account Beff Jezos (@beffjezos) on X. The real identity behind the account is generally believed to be Guillaume Verdon, a former Google quantum computing and quantum machine learning engineer who later founded the AI hardware company Extropic. More famous than himself is that he popularized the Silicon Valley effective accelerationism slogan e/acc (effective accelerationism): referring to using technology and capital to push AI, energy, and growth to the limit. After the Meme coin e/acc launched, he initially thought the X Money account suffered a DDOS attack, and after understanding the situation, he stated that he might use these funds for e/acc-related non-profit activities. It is worth noting that he has no official issuance relationship with the token; he is merely named and passively receives payments.

BlockBeats reminds users that Meme coins mostly have no practical use cases, and their prices are highly volatile, so investment requires caution.