Data: Meme coin memecoin market cap rebounds to $7 million, up 85% in 24 hours

Chaincatcher2026/03/05 04:44

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ChainCatcher news, according to GMGN monitoring, the Meme coin memecoin on the Solana chain has continued to rise recently, with its market capitalization rebounding to about 7 millions USD, currently reported at 6.5 millions USD, and a 24-hour increase of 85%. The trading volume during the same period was approximately 1.2 millions USD, and the token has been issued for 243 days. The main factor behind this round of increase may be the announcement by the Meme coin community that on March 4 at 02:00 (UTC+8), $memecoin will officially migrate from Bonk to Pump.fun, with the migration window lasting for 2 weeks and closing on March 17.

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Goldman Sachs Volatility Panic Index surged to 9.57, approaching its maximum value, with the largest single-day increase ranking third in history, and the combined two-day volatility setting a new record. Historical data shows that after this index has exceeded the 9.5 threshold 15 times, the S&P 500 has seen an average three-month gain of 4.6% with a success rate of 80%. However, Goldman Sachs traders warn that forced liquidations have not yet fully cleared, and the market is still searching for a bottom, but opportunities on the other side are becoming increasingly difficult to ignore.

华尔街见闻•2026/11/07 07:31