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A raccoon lit up another Meme. 🦝
Solana ecosystem meme coin Jimothy surges again
Market cap breaks $40 million, up 60% in 24 hours, with trading volume reaching $44 million
What’s interesting is that Jimothy didn’t just appear out of thin air
Its prototype is a raccoon living in Seattle, USA, whose unusual body shape is due to a rare congenital issue
A video posted on July 14 unexpectedly went viral; its views are now nearing 8 million, and afterward the community created memes, murals, and all kinds of remix content around it
In the Meme market, many times the story comes first, then consensus, and only then does the price follow
Of course, don’t forget
Meme rallies rely more on sentiment, community, and narrative, and volatility is often extremely high, with no fundamental support in the traditional sense
Each time there’s a massive spike, it comes with the same level of risk