BlockBeats news, on July 22, according to GMGN data, the market capitalization of meme coins on the Solana chain briefly surpassed $37 million, currently reported at $29.5 million, with a 24-hour trading volume of $16.6 million and a 6-hour increase of 81.96%.
BlockBeats reminds users that meme coins have little practical use, are highly volatile, and investment should be approached with caution.