Sol Meme coin fone's market cap briefly surpassed $8 million, up over 254x intraday

Odaily News, according to GMGN market data, Solana ecosystem Meme coin fone's market cap briefly surpassed $8 million, currently reported at approximately $7.9 million, with an intraday surge of over 254x.

In terms of narrative, fone revolves around the "apeonfone" concept, summarizing the trend of this Meme coin cycle toward increasingly mobile and social trading as "an ape on a phone." The project community draws parallels to the previous cycle's dogwifhat "a dog with a hat" narrative, emphasizing a trading approach where users browse social media on their phones, receive calls to action, and directly purchase Meme coins.

Odaily reminds that Meme coin prices are highly volatile, and such community narrative-driven tokens lack stable fundamental support. Please be aware of trading risks.