According to ChainCatcher news and GMGN data, the Meme coin FISH on the Solana chain has surpassed a market cap of $12 million today, setting a new all-time high. The current market cap is $8.5 million, with a 24-hour trading volume of $7.8 million and a 24-hour increase of 35.7%. The coin is inspired by the character from the international bestseller “The Rainbow Fish.”
Its recent popularity originated from the well-known parody account Rainbow Fish on the X platform. After four years of silence, the account suddenly returned and engaged in meme interactions on the afternoon of January 1. Subsequently, a token with the same name appeared on Pump. fun, which drove speculation on FISH and related Meme coins on Solana. The market cap once surged from about $70,000 to $700,000 within a day, nearly tenfold increase. Currently, FISH remains highly volatile. ChainCatcher reminds users that Meme coin trading is highly volatile, heavily reliant on market sentiment and hype, and lacks intrinsic value or practical use cases. Investors should be cautious of risks.
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