As reported by COINOTAG on October 3, current market data reveals that the market capitalization of Solana-based meme coin Pochita has surpassed $20 million. Remarkably, its trading volume reached over $88 million within just 9 hours of its launch. Despite this surge, COINOTAG cautions that meme coins like Pochita typically lack intrinsic utility, urging investors to conduct thorough risk assessments before committing funds. The broader implications for the cryptocurrency market are significant as the popularity of meme coins continues to spotlight the importance of prudence and vigilance in investment decisions.
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