Data: Influenced by the mention of Circle's CEO, the market value of the Solana chain token PURCH briefly surged to 19 million USD before retreating

According to GMGN monitoring, influenced by Circle CEO Jeremy Allaire's mention of the Purch project on X, the Solana chain's token PURCH saw its market cap rapidly increase, reaching a high of $19 million in a short period, before significantly retreating. Its current market cap is reported to be around $7.5 million, with a current price of approximately $0.0075, and a 24-hour increase of 420%.

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