Solana’s Meme Coin Omochi Surpasses $8M Market Value and $22.58M Trading Volume in First 11 Hours

According to a recent report from COINOTAG, on September 26, the Solana ecosystem saw the launch of the Meme coin omochi. Remarkably, within just 11 hours, omochi’s market capitalization soared to over $8 million, while its transaction volume reached $22.58 million. Community feedback highlights that omochi is inspired by a widely-recognized frog character, popularized on TikTok. The character’s TikTok account boasts a follower count of 426,800, with several of its videos amassing over 10 million views. COINOTAG advises that investors exercise caution, as Meme coins like omochi typically lack practical applications and exhibit significant price volatility.