The SUI chain-based Meme token LOOPY has experienced a significant surge, increasing by over 763% in a single day, reaching a market value of more than $17 million.
With a 24-hour trading volume of $4.7 million and a liquidity pool of $725,000, LOOPY is generating a lot of attention. However, it’s important to note that there are currently no practical use cases for Meme coins, and their prices tend to fluctuate greatly. As a result, BlockBeats advises investors to approach this market with caution and due diligence.