According to BlockBeats, on November 13, according to GMGN monitoring, the market value of the Meme coin FRED on the Solana chain exceeded 80 million US dollars, and is currently quoted at 0.0811 US dollars, a 24-hour increase of 305%.

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