According to BlockBeats, on October 10, the Meme coin LOOPY on the SUI chain rose by more than 763% in 24 hours, with a market value exceeding US$17 million, a 24-hour trading volume of US$4.7 million, and a liquidity pool of US$725,000.

It is reported that Loopy is a cute pink little fox animated character created by a Korean designer. It is characterized by big eyes, a round body and simple lines. It conveys friendly and optimistic emotions and is deeply loved by young people and trendy toy enthusiasts.

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