Most Meme coins on Solana see price declines, while RALPH rises slightly with market cap returning to 30 million USD
According to ChainCatcher, as monitored by GMGN, the Solana on-chain ecosystem has cooled down due to the market correction, with most Meme coin prices struggling to hold up. RALPH has bucked the trend with a slight increase, with its market cap briefly rebounding to $30 million.
Some Meme coins led by RALPH have also recorded gains, with specific information as follows: RALPH: up 45% in 24 hours, current market cap at $29.56 million, currently priced at approximately $0.0295; SOL (PUMP live-stream coin): up 28% in 24 hours, current market cap at $21.6 million, currently priced at approximately $0.026; ZReaL: saw a rapid surge since its launch at 3 a.m. today, current market cap at $16.6 million, currently priced at approximately $0.0165.
ChainCatcher reminds users that Meme coin trading is highly volatile, mostly driven by market sentiment and hype, and lacks real value or use cases. Investors should be aware of the risks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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