BlockBeats news, on May 14, according to GMGN data, the Meme token GLONK on the Solana chain surpassed a market value of 15 million USD within 2 hours of its launch, currently reported at 10 million USD, with a trading volume of 67.3 million USD.

According to SolanaFloor, two tokens named GLONK were launched on the Pump.fun and Letsbonk.fun platforms, and the founders of both platforms support their respective versions. It is reported that the GLONK token issued on the Letsbonk.fun platform currently leads in market value.

BlockBeats reminds users that Meme coins often have no practical use cases, and price fluctuations can be significant, so investment should be approached with caution.