According to data cited by ChainCatcher from GMGN, the Meme coin "Longxia" briefly saw its market capitalization rise above $170 million early today, setting a new all-time high. The token is currently quoted at $154 million in market cap, with a 24-hour gain of more than 117%.
The update did not provide additional trading details beyond the market cap move and 24-hour increase. It also carried a risk reminder circulating in the market, noting that Meme coin prices can be highly volatile and urging investors to participate with caution.
The report was published by ChainCatcher under its market analysis category.
ChainCatcher reported, citing GMGN data, that the Meme coin "Longxia" briefly pushed its market capitalization above $170 million early today, setting a record high.
At the time of the update, the coin was quoted at a market cap of $154 million, up more than 117% over the past 24 hours.
A market reminder attached to the report said Meme coin prices can swing sharply and urged investors to participate cautiously.
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