SOL-based meme coin Jimothy briefly pushed its market capitalization above $10 million, according to GMGN market data cited by Odaily. The token was later quoted at $9.9 million after rising more than 59x on the day, while extending its gains to a fresh all-time high. The move highlights the kind of sharp, fast repricing that often appears in the meme coin segment on Solana.
Odaily also attached a risk warning to the update. The outlet said meme coin prices can swing violently, with moves often driven by market sentiment and headline-driven trading rather than underlying utility or fundamental value support. It urged investors to stay alert to the risks tied to that kind of volatility. No additional trading details were provided in the brief.
SOL meme coin Jimothy briefly saw its market capitalization climb above $10 million, according to GMGN market data cited by Odaily. The token was later quoted at $9.9 million after gaining more than 59x on the day and setting another all-time high.
Odaily added a risk note, saying meme coins are subject to sharp price swings and are often driven by market sentiment and topical events, with limited support from real underlying value. The outlet said investors should pay attention to the risks.
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