Solana ecosystem meme coin BATON market cap surpasses $20 million, hitting a record high.

BlockBeats news, October 12, according to GMGN market data, the Solana ecosystem Meme coin BATON briefly surpassed $20 million in market cap, hitting a new all-time high, currently at $18.22 million, with a 24-hour increase of 41.11%.

The name BATON originates from Pump.fun's predecessor Baton Corporation, and is regarded by the community as a Meme coin related to Pump.fun's early corporate identity.

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