Market cap climbed to $20 million before pulling back; 6th Man Ventures founder Mike Dudas keeps posting content and buying TOAD

Odaily reported that Mike Dudas posted on X, stating that after receiving tokens gifted by the TOAD community—a Meme coin on Solana—he has continued to share related content and made small purchases of TOAD. He has no plans to sell these tokens, instead following Ansem's approach to encourage narrative dissemination. TOAD launched at 10 PM last night, reaching a market cap of $20 million before retreating to $12 million, with trading volume exceeding $52.1 million.