GEN, a meme coin in the Solana ecosystem, surged 58.73% in the past 24 hours, reaching a market cap of $20.32M.
Whale accumulation appears to be fueling the rally, as AI-themed meme coins heat up again. Volatility remains high — caution is advised.
Similar to the tokenomics model seen with Delphinus Lab, GEN allocates a significant portion to ecosystem funds, signaling strong project potential.
The market currently favors Solana-born fast-growth tokens. Short-term trend is bullish, but setting a stop loss is critical to avoid potential rugs.
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