The market value of the Meme token KNET on the Solana chain fell back to 13 million dollars after surpassing 25 million dollars this morning

According to GMGN data, the market capitalization of the Meme token KNET on the Solana chain exceeded $25 million this morning, currently reported at $13 million, with a 24-hour trading volume of $22.4 million.

It is reported that KNET is the AI concept token of the Believe ecosystem. ChainCatcher reminds users that Meme coins often have no practical use cases, and their price volatility is significant, so investment should be approached with caution.