The meme token Franklin on Solana experiences an explosive rally: market cap reaches $13 million in 24 hours

0xInsomnia · 2026-01-12T14:19:51+00:00

The Solana Franklin token has shown high volatility, reaching a peak of 13 million in market capitalization and a 404% gain in 24 hours. However, its value is speculative and carries significant risks for investors.

0xInsomnia

2026-01-12 14:19:51

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The Franklin token based on the Solana network has experienced extreme volatility in the cryptocurrency market. Inspired by the character Franklin the turtle from the classic children’s series “Franklin and Friends,” this meme coin has captured traders’ attention in recent hours.

According to market data, the Franklin turtle token’s market cap briefly peaked at $13 million, although it is currently stabilizing around $11 million. The price movement has been spectacular: investors recorded gains of 404% in just 24 hours, with a trading volume reaching $11.3 million in the same period.

Such dynamics are characteristic of the meme coin segment on Solana, where price movements can be disproportionate. However, it is crucial to highlight that these assets generally lack practical utility or concrete use cases beyond their speculative value. Additionally, extreme volatility is an inherent feature of this type of token.

Analysts recommend market participants exercise maximum caution when evaluating investment opportunities in meme tokens. Rapid movements can generate substantial gains but also pose significant risks of capital loss.

TOKEN-6,85%

MEME-7,7%

SOL-2,63%

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