Solana’s on-chain Meme coin LOAF’s market value exceeds $23 million, with a trading volume of $26 million in the first 4 hours after launch

According to BlockBeats, on November 17, according to GMGN data, the market value of the Meme coin LOAF on the Solana chain exceeded 23 million US dollars, and is currently quoted at 0.0235 US dollars. The trading volume in the first 4 hours after going online reached 26 million US dollars.

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