According to BlockBeats, on October 12, according to market information, the Meme coin SPX on the Ethereum chain briefly broke through $0.9 and then fell back. It is now quoted at $0.7977, up more than 52% in 24 hours. The market value of SPX exceeds $740 million, and the 24-hour trading volume reaches $29 million.

BlockBeats reminds users that Meme coins have no actual use cases, and the price fluctuates greatly, so investment should be cautious.