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Gate Square New & Returning Creator Rewards are ongoing!
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Meme market agrees on Solana: WhiteWhale surges 40% in a day
The meme coin groups on the Solana blockchain continue to experience significant fluctuations. Among them, WhiteWhale stands out with an impressive increase of over 40% in the past 24 hours, demonstrating a remarkable recovery from a price of $0.04 to $0.067. This growth has pushed the project’s market capitalization to approximately $67 million, attracting attention from the investor community.
In addition to WhiteWhale, PIPPIN is another meme coin on Solana that is being closely monitored. However, according to recent updated data, PIPPIN is currently undergoing a correction phase with a current price of $0.33, down 7.41% in the past 24 hours. Nevertheless, its market capitalization remains at $330.36 million, indicating that buying interest still exists in the market.
Risk Warning
Experts continuously remind investors of the hidden dangers within the meme coin market. These are assets with extremely high volatility, easily influenced by market psychology and speculative activities. Most meme coins lack practical applications or intrinsic value, making them susceptible to manipulation and sudden crashes. Therefore, when participating in this type of asset, investors should be mentally prepared and only use funds they can afford to lose entirely.