The market value of the Solana ecosystem meme coin fone briefly surpassed 30 million USD, with a daily increase of over 58 times

According to GMGN market data, the market capitalization of the Solana ecosystem Meme coin fone briefly surpassed $30 million, currently reported at approximately $23.56 million, with an intraday increase of over 58 times.

In terms of narrative, fone revolves around the concept of "apeonfone," summarizing the trend of Meme coin trading becoming increasingly mobile and social as "an ape on a phone." The project community compares it to the previous cycle's dogwifhat narrative of "a dog with a hat," emphasizing that users browse social media on their phones, receive signals, and directly buy Meme coins. Please note that Meme coin prices are highly volatile, and such community-driven narratives lack stable fundamental support; please be aware of trading risks.