BONER, a meme coin in the Robinhood Chain ecosystem, briefly pushed its market capitalization above $5.6 million, according to market data from GMGN. The token was last quoted at about $5.65 million in market cap, with intraday gains of more than 39x. The move marks a sharp spike in a very short period, based on the figures cited in the Odaily newsflash. Odaily also attached a risk reminder to the update, saying meme coins can see large price swings and are easily affected by market sentiment and headline-driven events. The outlet urged traders to pay attention to trading risks. No additional project details, token metrics, or catalyst for the move were provided in the brief.
BONER, a meme coin on the Robinhood Chain, briefly pushed its market capitalization past $5.6 million, according to GMGN market data cited by Odaily.
It was last quoted at roughly $5.65 million in market cap. Big move. Intraday gains topped 39x.
Odaily also said meme coins are highly volatile and can be moved fast by market sentiment and hot-topic events, and reminded traders to watch trading risks.
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