Data: The market value of the meme coin MOLT peaked at 12 million USD and then fell by 35%, with a daily trading volume of 15.1 million USD

According to GMGN monitoring, the market capitalization of the Base ecosystem meme coin MOLT surged above $12 million early this morning, but has since retraced to approximately $7.6 million, with a 24-hour increase of 260% and a trading volume of $15.1 million during the same period. This round of increase is mainly attributed to Meta's announcement of the acquisition of Moltbook.

ChainCatcher reminds users that meme coin trading is highly volatile, largely relying on market sentiment and speculative concepts, and lacks actual value or use cases. Investors should be aware of the risks.