On November 24th, Musk posted a picture on his social platform expressing his fondness for the 'WOULD' meme. This simple act stirred a small wave in the cryptocurrency market—meme coins of the same name surged over 400 times in a short period! 😮

According to GMGN data, this meme coin, created 123 days ago, has now reached a market value of 4.5 million dollars. Although this sounds like a story of overnight wealth, everyone should remain calm! BlockBeats reminds us that meme coins currently have no practical application scenarios, and their price volatility is extremely high. Therefore, investors should think twice before considering an investment.

What do you think about this phenomenon? Do you believe meme coins have potential, or do you think this is just a fleeting market craze? Feel free to share your thoughts in the comments section and engage in this wonderful journey of the crypto world with everyone! Whether you are an old hand in the coin circle or a newcomer, everyone's opinion is important!