According to BlockBeats, the market value of FreeDurov, a Meme coin based on the concept of "Pavel Durov was arrested" on the Ethereum chain, exceeded US$300,000 within 2 hours of its launch. It is currently priced at US$0.00027, with a trading volume of over US$400,000.

BlockBeats reminds users that Meme coin has no real use case yet, its price fluctuates greatly, and investment should be cautious.