Meme coin e/acc hits $13 million market cap, posting a 212% gain in 24 hours.

According to GMGN market data, the Solana-based meme coin e/acc has surpassed $13 million in market capitalization, with a 24-hour price increase of 212% and trading volume reaching $26.3 million. The token uses creator fee auto-distribution tool UsePaid to allocate generated creator fees to Silicon Valley influencer account Beff Jezos (@beffjezos) on X. The real identity behind the account is widely recognized as Guillaume Verdon, a former Google quantum computing and quantum machine learning engineer who later founded AI hardware firm Extropic. He is more famous for popularizing the Silicon Valley slogan of effective accelerationism (e/acc) than his personal work: the ideology refers to using technology and capital to push AI, energy and growth to their absolute limits at full throttle. After the launch of the e/acc meme coin, Verdon initially assumed the X Money account had suffered a DDoS attack, but later clarified that the funds might be used for e/acc-related non-profit activities. It is worth noting that Verdon has no official issuing relationship with the token; he is merely named and receives payments passively. BlockBeats reminds users that most meme coins have no real use cases, are highly volatile, and investors should exercise caution when investing.