According to BlockBeats, on October 17, the Ethereum-based meme token HOPPY has seen its market capitalization exceed $100 million. Over the past 24 hours, HOPPY experienced a price increase of 31.75%, with a trading volume of $3.08 million and a liquidity pool of $2.6 million.

BlockBeats advises users to exercise caution when investing in meme tokens, as they currently lack practical use cases and are subject to significant price volatility.