According to GMGN data, the Meme token LUNA's market cap rose to about $7 million, with its LP paired to LUNA, driving on-chain LUNA's market cap to briefly reach $20 million. Odaily cautions investors about high volatility in Meme coins.
Data from GMGN shows Meme token LUNA reaching roughly $7 million in market capitalization. But its liquidity pool is paired with LUNA, and that briefly pushed the on-chain LUNA market cap up to $20 million. Odaily warns that Meme coins are highly volatile and urges users to participate with caution.
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