Meme Tokens Plummet on Solana Chain: No Use Cases, High Fluctuations, and Caution Advised for Investors

On November 17, according to GMGN Data, Meme tokens on the Solana chain have generally fallen. PNUT has a market capitalization of US$1.5 billion, a 24-hour drop of 18.65%. BITCAT has a market capitalization of US$28.4 million, a 24-hour drop of 48.6%. SHOGGOTH has a market capitalization of US$82.5 million, a 24-hour drop of 27.14%.

LESTER has a market value of US$80.6 million, a 24-hour drop of 21.19%. LUCE has a market capitalization of US$166 million, a 24-hour drop of 31.17%. BlockBeats reminds users that Meme coins currently have no actual use cases, prices fluctuate greatly, and investment needs to be cautious.

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