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The Solana on-chain meme token GLONK reached a market capitalization of over $15 million within 2 hours of its launch, currently reported at $10 million.
On May 14, according to GMGN data, the on-chain Meme Token GLONK on Solana reached a market capitalization of over $15 million within 2 hours of its launch, currently reported at $10 million, with a volume of $67.3 million. According to SolanaFloor, two tokens named GLONK were launched on the platforms Pump.fun and Letsbonk.fun, with the founders of both platforms supporting their respective versions issued on each platform. It is reported that the GLONK token issued on the Letsbonk.fun platform currently leads in market capitalization. BlockBeats reminds users that Meme coins generally have no real use cases and exhibit significant price fluctuations, so investment should be approached with caution.