Solana Meme Coin ELON Surges Over 110x Intraday, Briefly Soars Past $8 Million Market Cap

According to GMGN data, the Solana-based Meme coin ELON experienced a sharp intraday rally, with its market cap briefly surpassing $8 million. It has since retraced to approximately $5.5 million, representing an intraday gain of over 110 times.

Odaily reminds users that Meme coins are subject to high price volatility, and investors should be aware of the risks. Meme coins generally lack substantial real-world utility and are often driven by sentiment and hype. Please exercise caution when participating.