Interesting movement on this Solana NEET meme coin I’ve been seeing around. The market capitalization has hit $40 million these days, practically a +40% in the last 24 hours. Not bad for a token that months ago fell below $7 million. Now the price is around $0.039 and continues to rise slowly. What strikes me is how the market capitalization has started to grow again after that crash in February. It seems the project has found its audience. That said, it’s important to remember that these meme coins don’t have a real use case behind them; they are basically bets on community and sentiment. Market capitalization can move wildly at any moment, so if you’re thinking of getting in, do so with your eyes wide open. It’s not long-term portfolio stuff; it’s pure trading.

SOL0.42%
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