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

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