Musk responded to an update from Russell, the Meme coin in the Base ecosystem, which briefly surged threefold before falling back.

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On December 19th, Musk replied to Russell's post on the Base ecosystem's meme coin via a "viral" emoji on the X platform at noon today. Russell's price surged threefold in a short period before falling back.

According to GMGN data, Russell's market capitalization is currently $9.4 million, with a 24-hour trading volume of $5.5 million.

BlockBeats reminds users that Meme coin trading is highly volatile, relying heavily on market sentiment and hype, and has no real value or use cases. Investors should be aware of the risks.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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