The veteran meme coin on the Solana chain, WOULD, briefly surpassed a market cap of $100 million before falling back, currently reported at $85 million.

BlockBeats News, January 4th, according to GMGN monitoring, the Meme coin WOULD on the Solana chain reached a market cap high of over $110 million at noon, now slightly down to $85 million, with an current price of approximately $0.085, a 24-hour increase of 80%. It is reported that this token has been continuously rising since January 2nd, with a total increase of 223.5%. Additionally, according to monitoring, at 15:00 yesterday, the address (6kuz) with the largest buy-in in the past 24 hours purchased about 1.23 million WOULD tokens at an average price of $0.056, currently with a 50% unrealized profit. This Meme originates from a humorous tweet by WouldCoinDev on Twitter about Japanese Prime Minister Fumio Kishida. After Elon Musk posted a tweet saying “I love this meme” and attached the meme image, the price surged significantly, with the market cap reaching as high as $700 million. This Meme coin has been listed for 529 days. BlockBeats reminds users that Meme coin trading is highly volatile, heavily dependent on market sentiment and hype, and lacks intrinsic value or use cases. Investors should be cautious of risks.