SOL Meme coin LUKE market cap surpasses $8 million, surging over 190 times intraday

According to GMGN market data, Solana ecosystem Meme coin LUKE's market cap briefly exceeded $8 million, reaching an all-time high, before retreating to approximately $780,000, with an intraday surge of over 19,000%.

Odaily reminds that Meme coin prices are highly volatile, primarily driven by market sentiment and speculative hype, lacking clear real-world use cases. Investors should be aware of the associated risks.