SOL Memecoin Jotchua's market cap surpasses $5.7 million, surging over 100x intraday

According to GMGN data, Odaily reports that the SOL ecosystem meme coin Jotchua has surged over 100 times intraday, with its market capitalization breaking through the $5.7 million mark and currently standing at $5.78 million.

Data indicates that the narrative behind the Jotchua token originates from a classic dog meme image that has been widely circulated across Spanish-language internet since 2021. The central figure is a golden retriever puppy being held up by a hand, staring directly into the camera. This image is known as "Jotchua," also referred to as "Esquizo" or "Perro Dinero (Money Dog)," and is commonly used in Latin American internet culture to express absurd humor, wealth fantasies, and similar content.

Odaily reminds users that meme coin prices are highly volatile, and investors should be mindful of the risks.