BlockBeats news, on November 27th, according to GMGN data, the meme coin $1 on the Solana chain has surpassed a market value of 40 million USD, currently reported at 38 million USD, with a 24-hour increase of 312% and a 24-hour trading volume of 75 million USD.

It is reported that the target vision for this meme is a coin price of 1 USD, with the current coin price at 0.038 USD.

BlockBeats reminds users that the meme coin currently has no practical use case, and price fluctuations are significant, so investment should be cautious.