On February 11, according to GMGN monitoring, the market value of the Solana on-chain Meme coin COPPERINUS exceeded $11 million, currently trading at $11.41 million, a 24-hour increase of over 54%.
As previously reported, on January 27th, Cobie, the founder of Echo XYZ, posted a tweet on the X platform about "Copper Inu," which led to the emergence of multiple meme coins with the same name, "COPPERINU," on the Solana chain. In the tweet, Cobie stated, "You don't have to worry about waking up one day to find that Copper Inu has stolen all of copper's market share. They won't be like some digital assets, where new items pop up on Pump Fun every few seconds to impact existing value."
BlockBeats reminds users that Meme coin trading is highly volatile, largely dependent on market sentiment and hype, and has no real value or use cases. Investors should be aware of the risks.
