The Meme token GLONK on the Solana chain reached a market value of over 15 million dollars within 2 hours of its launch, currently reported at 10 million dollars

According to GMGN data, the Meme token GLONK on the Solana chain reached a market capitalization of over $15 million within 2 hours of its launch, currently reported at $10 million, with a trading volume of $67.3 million.

According to SolanaFloor, two tokens named GLONK were launched on the platforms Pump.fun and Letsbonk.fun, and it is reported that the GLONK token issued on the Letsbonk.fun platform currently leads in market capitalization.

ChainCatcher reminds users that Meme coins often have no practical use cases, and their prices are highly volatile, so investment should be approached with caution.