Solana Meme Coin ELON Surges Over 220x Intraday, Briefly Soars Past $14 Million Market Cap

According to GMGN data, the Solana-based Meme coin ELON experienced a sharp price increase, with its market cap briefly surpassing $14 million. It has since retraced to approximately $13 million, marking an intraday gain of over 220 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 rely more on sentiment-driven speculation; caution is advised when entering the market.