BlockBeats news, on July 22, according to GMGN data, the market cap of the Meme coin memecoin on the Solana chain briefly surpassed 20 million USD, currently reported at 17.3 million USD, with a 24-hour trading volume of 15.9 million USD and a 24-hour increase of 2236%.
BlockBeats reminds users that Meme coins have little practical use, and their prices are highly volatile; investment should be cautious.