SOL Meme coin DOG's market cap breaks through $5 million, surging over 130 times intraday

Odaily reports, according to GMGN market data, the Solana ecosystem Meme coin DOG's market cap briefly broke through $5 million, hitting an all-time high, before retreating to approximately $4.9 million, with an intraday gain of over 13,000%.

Odaily reminds that Meme coins are highly volatile, primarily driven by market sentiment and concept hype, and lack clear practical application scenarios. Investors should be aware of the associated risks.