SOL Meme coin DOG market cap breaks $5 million, surging over 130x intraday

Odaily reports that, according to GMGN market data, the Solana ecosystem Meme coin DOG's market cap briefly exceeded $5 million, hitting an all-time high before retreating to around $4.9 million, with intraday gains surpassing 13,000%.

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