On January 21, according to GMGN data, the Meme token ZACHXBT on the Solana Chain surpassed a market capitalization of $90 million within 2 hours of its launch, with the current market capitalization reported at $72 million and a trading volume of $138 million.

BlockBeats Note: The name of this Meme token refers to the on-chain detective ZACHXBT, who helped recover about $20 million after a hacker attack on a U.S. government wallet address on October 25, 2024. ZACHXBT himself stated that he did not receive any reward from the U.S. government for this incident, and a community user issued this token, transferring 50% to ZACHXBT's public wallet address.

BlockBeats reminds users that Meme coins often have little real-world use, and their prices are highly volatile, so investment requires caution.