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A recent typical Meme coin explosion case has emerged again in the crypto circle, and its performance since launch has been quite crazy.
Let's first look at the short-term volatility. In the past hour, the price has slightly retraced, down 0.87%, but over 24 hours, the situation is very different—an increase of 36.24%, with the price rising from a low of $0.005861 to $0.016979, showing a huge fluctuation, which is a typical characteristic of Meme coins.
What’s truly astonishing is the weekly data. In just 7 days since launch, the total increase has reached 3213.42%. You can see the signs from the performance on the launch day (January 8) — the maximum intraday increase was about 816.6%, jumping from $0.0019915 directly to $0.018254, followed by a retracement, closing at $0.014726. This kind of curve is basically the standard approach for Meme coins.
The current market cap is approximately $11.87M, ranking #986, with a historical high of $16M. Honestly, the popularity of such coins entirely depends on short-term market sentiment and traffic. How far it can go still depends on subsequent community operations and narrative capabilities. The entire market is testing investors’ risk awareness and emotional stability.