Solana-based meme coin ELON surges over 110x in a day, briefly soaring past $8 million

According to GMGN data reported by Odaily, the Meme coin ELON on the Solana chain experienced a brief surge, with its market capitalization once exceeding 8 million USD, currently retracing to around 5.5 million USD, representing an increase of more than 110 times within the day.

Odaily reminds users that Meme coin prices are highly volatile, and investors should be aware of the risks. Meme coins generally lack practical application scenarios and rely more on sentiment-driven speculation, so please exercise caution when entering the market.