ChainCatcher message, RootData shows that Muse DAO token (MUSE) has achieved an astonishing 106.06% increase in the past 24 hours, currently quoted at $19.57. This surge has attracted market attention, with investors turning their focus to the on-chain data behind Muse DAO in hopes of analyzing the reasons for its price fluctuations.

Firstly, the surge in MUSE's price may be related to its recent project developments or community activities, which are factors that typically influence a token's market performance. Additionally, changes in market sentiment and trading volume may also be significant factors driving the price increase.

Secondly, changes in market capitalization ranking are noteworthy. MUSE's market cap may see a significant increase after the price surge, which will affect its position in the cryptocurrency market and investors' attention.

Finally, investors should remain rational in the face of such a volatile market, thoroughly analyze on-chain data and market trends to make informed investment decisions.