Nansen CEO's Meme Coin IQ Launched and Its Market Value Grew to $5 Million in Just One Day

Odaily News Alex Svanevik, CEO of Nansen, an on-chain analytics platform, launched a Solana-based meme coin called IQ. According to the crypto data platform DEXScreener, IQ’s market value grew to $5 million within a day of its launch. As of 11:22 a.m. EST on July 31, the token was priced at $0.0061, a 24-hour increase of 7,000%.