According to ChainCatcher, GMGN monitoring shows that the market capitalization of Jellybean, the Meme coin of the Solana ecosystem, has risen from less than $50,000 to over $5 million in the past 3 hours.
The current market capitalization is $4 million, representing a 5500% increase in the past 24 hours, with a trading volume of $3.4 million during the same period. ChainCatcher reminds users that Meme coin trading is highly volatile, heavily reliant on market sentiment and hype, and has no real value or use cases; investors should be aware of the risks.
