BlockBeats News, May 17, according to GMGN monitoring, the Solana-based Meme coin memecoin briefly surpassed a $14 million market cap, currently at $12.96 million, with a 24-hour price surge of 39.27%.

BlockBeats reminds users that Meme coins experience high volatility, often driven by market sentiment and speculative hype, lacking actual value or use case. Investors should be cautious of the risks involved.