The market capitalization of Lobstar, the Meme coin on the Solana blockchain, briefly exceeded $15 million before falling back, after a 24-hour increase of 579%.

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On February 21, according to GMGN monitoring, the market capitalization of Lobstar, the Meme coin on the Solana chain, continued to rise today, once exceeding $15 million before falling back, and is currently at $10.6 million, with a 24-hour increase of 579% and a 24-hour trading volume of $28.4 million.

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.

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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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