According to BlockBeats, on October 8, the Ethereum meme coin SNAP rose by 146% in the past hour and is now quoted at $0.0(5)7199, with a short-term market value of over $3 million. Community sources said that SNAP represents the first coin launched into space by Musk. Despite the encouraging growth, BlockBeats reminds users that SNAP's market value, liquidity, and number of addresses holding coins are small, and its price fluctuates greatly, so investment should be cautious.