Franklin, a meme coin, has seen a transaction count of over 9300 transactions in the past hour, bringing its market cap back up to $13 million.

December 8th — Per GMGN market data (via GMGN), meme token Franklin logged 9,310 transactions in the past hour, making it the network’s most active meme coin by transaction volume. Its market cap has climbed above $13 million (currently $13.17 million), with 24-hour trading volume hitting $19.8 million. Franklin ties to the iconic turtle character from the classic kids’ show *Franklin and Friends*. A political satire meme posted by Pete Hegseth—former Trump administration defense official—went viral on X quickly. Hegseth parodied the children’s classic *Franklin the Turtle* as *Franklin Strikes Drug Cartels*, showing the turtle fully armed and firing at a drug cartel vessel from a helicopter, with the caption “Best Christmas Gift.” A military veteran and staunch hawk, Hegseth signaled support for using force against drug cartels, aligning with his longstanding border security narrative. The post blew up on social media, but critics in the comments slammed it as “offensive” and promoting a “warlike” tone—reflecting the U.S.’s ongoing partisan divide over foreign policy and border issues. BlockBeats reminds users: Meme coins often lack real-world utility, face extreme price volatility, and require caution when investing.