According to recent data from COINOTAG, the market capitalization of EDOGE, a meme coin operating on the Ethereum blockchain, surged past the $10 million mark on September 25. This surge represented a 30.2% increase over a 24-hour period. The current trading price for EDOGE stands at $0.00996, with the 24-hour trading volume reaching an impressive $7.22 million. COINOTAG advises investors to remain cautious as meme coins, such as EDOGE, lack fundamental use cases and are known for their significant price volatility.
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