The market capitalization of the meme coin SPARK briefly surpassed $52 million, setting a new all-time high.

On August 11, according to GMGN data, the market capitalization of SPARK, the AI virtual creature meme token on the Solana blockchain, briefly surpassed $52 million, reaching a new all-time high. Its 24-hour trading volume reached $24.5 million, a 60.24% increase over the previous 24 hours.

BlockBeats reminds users that many meme coins have no real-world examples, and their prices have increased significantly, so caution is advised when investing.