According to ChainCatcher, GMGN monitoring shows that the market capitalization of Scam Altman (SCAM), a meme coin on the Solana chain, briefly exceeded $10 million within 8 hours of its listing, before slightly declining to $9.82 million, with a trading volume of $19.6 million.
This morning, Musk posted on X, repeatedly referring to OpenAI CEO Sam Altman as "Scam Altman," accusing him of stealing the results of charitable projects to acquire stock worth hundreds of billions of dollars for himself.
ChainCatcher 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.
