EBULL Meme Coin Soars Over 2000% in 24 Hours Amid Ethereum Co-Founder’s Praise

On October 7, COINOTAG reported a remarkable surge in the **Meme coin** EBULL, which has soared by over **2000%** within a 24-hour period on the **Ethereum** network. This unprecedented rise has propelled its **market capitalization** past **$17 million**, capturing significant attention in the crypto community. Ethereum co-founder **Vitalik Buterin** expressed his appreciation for **Meme coin** initiatives, highlighting EBULL’s charitable contributions, which included a substantial donation of tokens to various organizations. Although such philanthropic efforts are commendable, COINOTAG advises potential investors to exercise caution, as **Meme coins** typically lack substantive use cases. It is crucial for investors to thoroughly evaluate their risk tolerance and conduct due diligence before engaging with these highly volatile assets. Awareness of the inherent risks associated with **Meme coin investments** is essential for making informed financial decisions.