Solana Ecosystem AI Meme Coins Surge in Value

According to BlockBeats, on October 20, the Solana ecosystem witnessed a significant rise in the value of new AI meme coins. Among the notable performers, GNON experienced a daily increase of 195%, with a trading volume reaching $176 million and a current market capitalization of $179 million. Additionally, ACT, which was listed just 14 hours ago, saw a trading volume of $186 million and a current market capitalization of $18.8 million. On the other hand, the previously leading coin GOAT has seen a decline, with its market capitalization now reported at $400 million and a trading volume of $163 million. BlockBeats advises users that meme coins currently lack practical use cases and are subject to significant price volatility, urging investors to exercise caution.