Odaily reported, citing GMGN data, that the market capitalization of the Lobster meme coin has climbed above the $15 million mark. The token is currently reported at $15.28 million in market value, while its intraday increase has exceeded 37%.
The main figures in the update are the latest GMGN data points: Lobster’s market cap stands at $15.28 million, and its gain within the day is above 37%. The move places the token beyond the $15 million valuation level during the reported trading period.
Odaily also reminded users that meme coins can experience large price fluctuations. Investors are advised to pay attention to risk when dealing with assets in this category and to assess their own risk tolerance before participating in related trading activity.