The established meme coin WOULD on the Solana chain briefly surpassed a market capitalization of 100 million USD before retreating, currently reported at 85 million USD

According to GMGN monitoring, the market capitalization of the Meme coin WOULD on the Solana chain has peaked at 110 million USD, currently slightly retracing to 85 million USD, with a current price of about 0.085 USD, and a 24-hour increase of 80%. It is reported that this token has been continuously rising since January 2, with a cumulative increase of 223.5%.

Additionally, monitoring shows that yesterday at 3 PM, the address with the largest purchase in the last 24 hours (6kuz) bought about 1.23 million WOULD tokens at an average price of 0.056 USD, currently showing a profit of 50%. This Meme originated from a humorous tweet by WouldCoinDev on Twitter about Japanese Prime Minister Fumio Kishida. After Elon Musk tweeted "I love this meme" along with an image of the meme, it surged significantly, with a market cap peak reaching 700 million USD. This Meme coin has been online for 529 days. ChainCatcher reminds users that trading in Meme coins is highly volatile, largely relying on market sentiment and speculative hype, and has no actual value or use case; investors should be aware of the risks.