According to BlockBeats, the SUI chain's Meme token BLUB has experienced a significant surge, rising over 50% within the past 24 hours. The token's market capitalization has reached $34.4 million, with a 24-hour trading volume of $1 million and a liquidity pool of $3.2 million.

BlockBeats advises users to exercise caution when investing in Meme tokens, as they currently lack practical use cases and are subject to high price volatility.