Several new Meme coins on the Solana blockchain have experienced significant price increases, with the Pump Livestream Coin "SOL" surpassing a market capitalization of tens of millions.

2 hours ago

January 12 – Per GMGN monitoring (via this link), the Pump live broadcast noted that meme coin Sol The Trophy Tomato (SOL) hit a $15 million market cap high before retracing to approximately $10.17 million. Its current price sits around $0.0121, up 40% over the past 24 hours. Several new Solana blockchain-based meme coins also posted sharp gains today, including: - RALPH: +123% in 24h | $7.85M market cap | ~$0.0079 current price - 114514: +120% in 24h | $5.72M market cap | ~$0.0057 current price - WhaleGuru: Soared over 1000x on debut today | $5.70M market cap | ~$0.0057 current price - Buttcoin: +350% in 24h | $5.30M market cap | ~$0.0053 current price BlockBeats warns users: Meme coin trading is highly volatile, driven mostly by sentiment and hype, with no inherent value or real-world use case. Investors should exercise caution.

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