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The Solana ecosystem Meme coin KABUTO's market capitalization briefly exceeded 13 million USD, with a 24-hour rise of 327%.
BlockBeats news, on December 2, according to GMGN market information, the Solana ecosystem meme coin KABUTO briefly surpassed a market capitalization of 13 million USD, currently with a market capitalization of 11 million USD, a 24-hour trading volume of 8.4 million USD, and a 24-hour rise of 327%. Kabuto refers to the first generation fossil Pokémon Kabuto (Kabuqi, a crab-like ancient creature), and the founder of this meme project claims to use transaction fees to purchase Pokémon cards in the real world. BlockBeats reminds users that meme coins often have no practical use cases, and the price fluctuation is significant, so investment should be approached with caution.