The market capitalization of Meme's MAGA coin briefly approached $10 million, with a 24-hour increase of 350%.

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According to BlockBeats, on April 21st, GMGN monitoring showed that the market capitalization of the Solana on-chain meme coin MAGA (Make Aliens Great Again) surged again this morning, reaching a high of $9.96 million, setting a new record. It is currently trading at $9.1 million, representing a 350% increase in the past 24 hours, with a trading volume of approximately $2.6 million during the same period.

It is reported that since Trump publicly stated on April 17 that he intended to release government files related to UFOs, UAPs, and possible extraterrestrial life, the related narrative has continued to heat up, and MAGA's market value has risen from less than $50,000.

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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